Well if FMS was worth 30 cents at the last take over then surely one would think that this would be at least the starting point.
I would rather then hang on and mine the ore but if there was to be a TO offer lets hope we have rail etc in place.
Since we do have an agreement with FMG and if they ever mine ore on the FMS tenement where they have the iron ore right then they need to pay FMS 1% FOB of ore mined up to 8m tonnes
This must give FMS a bargaining tool and we also have canegrass which we never hear about
DYOR
what are we worth now?, page-36
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