"China and Japan already control the midwest region of west australia and in excess of 12 billion tonnes of better quality iron ore than the pilbara just waiting for the new port and rail that will be 100% Japanese and Chinese owned."
please tell what deposits and who owns what to which you are referring to
FMS is a very high quality deposit, you may have other deposits which a of better grade but can you mine them for under 35tonne.
FMS Price at posting:
9.0¢ Sentiment: None Disclosure: Held
