question, page-14

What does FMS have?

1. IO, perhaps huge IO in Pilbara with quite high probability based on its latest announcement
2. Phosphate rock which could be in the FMS tenements in flinders range.
3. Diamond which has driven FMS at its beginning.
4. Huge tenements which was collected long time ago.
5. The chances with some resource in its tenements for diamond.
***
If energy sector is in its consolidation stage with more and more takeover happen as the economy or market bottoms become more and more clear.

In logic, it could not be just limited in energy sector. So when FMS shoots up with whatever the reasons, you should be sure you are the shareholders of FMS.

I have put my money there. I will sit tightly on my FMS IO. Its JORC in march or later and the us economy gets out of the recession would fire the shooting up of FMS.

You need to be wiser than the market if you want to win big. Of course you could choose to chase the market after you have seen something even it means extra cost.

Put your eye on the second half of next year. It would not work in days in this market environment I feel.