Ann: Fortescue to farm-in on Myall & make cornerstone investment, page-41

An accountant, a media student and a haul truck driver walk into a bar…sounds like the start of a good joke. Lol. Very happy for their watchers to buy my shares around 11c. That equates very nicely to the same MAG market cap of $42m last year at about 14c where the share price topped out. At that $42m valuation they were rumoured to be about to hit the core or had just nicked it, were cashed up, owned 100% of the farm and had an open registry. Fast forward to today, they have optioned 75% of their Crown Jewels, no core of the system in sight and FMG has a commanding shareholding at bargain basement prices. Yes they have a better understanding of the system but that’s mostly upside to FMG now. IMHO /DYOR etc etc.