With vale/fmg in town & doing a deal to blend their ores , mixing lower grade with high grade to get a preferred blend is really good news for me ...it would be crazy to sell now in my opinion if you don't have too.
It will only be a matter of when not if ,when fmg/vale Hoover up any half decent tenements around them!!
And that article in the Australia with the CFO from Vale really says what their intentions are..
Ann: Quarterly Activities and Cashflow Report-FMS.AX, page-20
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Last
80.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $159.8M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | 75.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 80.0¢ | 18036 | 5 |
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