This sums it up better.
"Fortescue seeks access to BHP, RIO rail"
http://www.tradingroom.com.au/apps/view_article.ac?articleId=143064
And let's not overlook this part of the announcement,
"Fortescue expects further resource increases from Solomon to be announced before Christmas."
If they were going to be worth $100 before what now?
And looking at YMLs ore location they really could use access to the BHP rail line, though I'm sure everyone who's already DTOR knew that.
other 3rd parties, page-5
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Last
$17.75 |
Change
-0.200(1.11%) |
Mkt cap ! $54.65B | |||
| Open | High | Low | Value | Volume |
| $17.88 | $17.91 | $17.54 | $136.4M | 7.625M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200 | $17.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.77 | 2500 | 1 |
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| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |