FRS has a tight accord with BHPB, and have done for some time directly, and through the Penfold relationship.
Therefore, one would have to expect an agreement will eventuate that largely deals with all (or most) of the said transportation issues in terms of the Davidsons Creek ore body/s proximity to Jimblebar.
IMO, I would not expect a transportation outcome until sometime in Q3 at the earliest?
As FRS continues to discover new 'additional' ore bodies at Davidson Creek - such as the Gwardar discovery today - will now doubt provide FRS with broader commercial options to get their ore to port.
Plays ARE afoot on this front, IMO ...it's just a matter of time before they are played out to what best for FRS and shareholders alike.
DYOR.... Cheers, Kooyong
FRS Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
