Hi Lion2009.
FMG are looking like being in real trouble as well as ALL other Junior iron ore hopefuls in Australia and most of the World because of what RIO and BHP are doing to out do each other and take ALL others under.
FMG is the largest land owner in the Pilbara and Atlas has a lot of ground in the Pilbara as well. RIO and BHP sending ALL others broke while trying to out do each other.
RIO and BHP are running out of High Grade DSO fast but will end up with all other tenements to put in lock down and then send the iron ore price up again when they control the Pilbara.
Regards
Westcott.
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