FMG 0.18% $21.67 fortescue ltd

40000sqkm of tenements

  1. 151 Posts.
    You got to ask yourself this question.Why the hell are FMG trying to poach Rio's tenements when FMG have the largest tenement holdings in all of the Pilbara,why are'nt they out there exploring what they have the rights to??? I'll tell you why,and that is because most of the 40,000sqkm of land that FMG hold is barron!!!
    That's right people,there is not an endless supply of iron ore,the large world class commercial deposits are getting harder to find and that's because they are just not there.They have already been discovered by other people,or are owned by others.These tactics being perpertrated by CAZ and sadly FMG are no different than someone robbing your home just because they are jealous.
    Greedy little pigs should go back to were they came from.
    CAZ will end up just like MON arrogant director that doesn't give a f about the shareholders.
    You don't want to play their game.

 
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