FMG holder here, but also a long term holder of ANS (formerly PDY), and this is exciting on two fronts.
Other than the obvious FMG interest, this may help unlock other I/O deposits in the region, notably ANS's "Peak Hill" deposit.
It would be a win-win if ANS (and others in the region) could access the FMG/Sinosteel infrastructure at a fair price to deliver their ore to customers as well.
A simple GMap to show the relationship between Jack Hills and Peak Hill, and the possibility of trucking ANS ore to Jack Hills.
Exciting times!
Ann: Fortescue and Sinosteel Memorandum of Understanding, page-29
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Last
$21.86 |
Change
0.040(0.18%) |
Mkt cap ! $67.30B | |||
| Open | High | Low | Value | Volume |
| $22.18 | $22.18 | $21.69 | $119.2M | 5.445M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 14450 | $21.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.87 | 152 | 1 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |