life4livin yes I did sell half my shares by the end of Jan as I previously stated. And yes you are right that RIO are expanding in the Pilbara because of expected future demand but you must also remember that RIO generally havent brought many other Pilbara miners, my research has shown that they only brought one in 2000 Northern Limited, an Australian company with iron ore and uranium mines. I stand to be corrected on that. Also dont forget that they have massive tenements with piles of IO yet to be developed. They actually dont really need FMS, IMO FMG is a better suitor but the problem there lies that they have a relationship with MMK so I dont know if that would prevent then looking at FMS?
FMS Price at posting:
28.8¢ Sentiment: None Disclosure: Held
