Ya,thank you for explaining that. You are correct.
I have gone over and over the announcement so as to get a clear picture of the position. Besides the very good news of CID in the water hole I believe the most important statement in the announcement to be the following:
"THE INITIAL EXPLORATION INTERSECTION IS CONSISTENT WITH CONSULTANT DR RICHARD RUSSELL's INTERPRETATION AND CONFIRMS AN EXTENSION OF FORTESCUE METALS GROUP SERENITY DEPOSIT INTO E47/882"
This statement gives the whole FMS io story credibility and indicates we may be shareholders in a company with exciting prospects.
Sav
iron ore, page-42
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