prawn..i really suggest you reread the announcements and not listen to youngtrader's biased views.
FMG will drill and ship 1 of the tenements. FDL are capped at 8million tonnes. That is $800million in value and FDL have to do sweet f a.
This is a major cashflow boon for a still small company like fdl.
Then they tackle the major target with fmg's help.
This is not just about loction but about synergy.
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this will fall hard, page-32
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