ANS : will we fold or fly?, page-243

FMG haven't really said anything about Belinga since the Dec 2021 quarterly, and subsequently reported in the media at that time.



Source:
https://www.australianresourcesandinvestment.com.au/2021/12/16/fortescue-exploring-belinga-iron-ore-mine-in-africa/

It's a 3 year study, so don't hold your breath!

I also hold FMG, so its good to have even more exposure to African resources.
Any income from Belinga will help offset declining revenues from the Pilbara.