If more than 500mT IO could be confirmed, it will not be only FMG who are interested by FMS IO.
A furry bidding could happen new big boys want to get a piece of cake in Pilbara and old big boys would try their best to limit the number of the big boys in Pilbara as less as possible. One of FMG has made a lot of headaches to RIO and BHP, another big boy will make more headaches to all of these three.
It is the time think big and jump out our limitation as small trader and investor. Think if you have enough money in hand and have a big steel mile needs the IO, what you would do? You don't want the big three control your life line.
FMS Price at posting:
10.3¢ Sentiment: Hold Disclosure: Held
