IMO FMG could takeover wife in one swoop without any real outlay and will complement their new Solomon Hub expansion (kings Vally Project)
Winmar Resources CID deposit which it's upside is great with so much ground still to be explored would really complement FMG CID resource.
In today's announcement I found this paragraph interesting...
" Fortescue Chief Executive Officer Nev Power said the Solomon Hub represents a valuable new source of low cost production for Fortescue with its low strip ratios playing an important in role in reducing the company’s overall operating costs. “The Firetail and Kings Valley projects have evolved Fortescue’s product mix. Channel Iron Deposit (CID) ore produced from Kings Valley will become a new stand-alone product while ore from Firetail is blended with Chichester ores to create the well-received Fortescue Blend"
Winars resource is just a stones throw away!
Happy to hold this one! Right location for me :-)
- Forums
- ASX - By Stock
- WFE
- wfe and fmg great synergy don't you think
wfe and fmg great synergy don't you think
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WFE (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online