abc online, page-6

Not sure why some are so upset. If FMS do become a miner then we will see significant share price appreciation as we move toward first shipment.

The updated homepage of the FMS website and the ongoing ASX releases convey a great deal of confidence.

I'm now starting to lean towards FMS doing a deal with FMG.

Looks as though FMG currently has 3 drill rigs at Serenity. FMS would fit in nicely with the projected phase 2 expansion of the FMG Solomon Hub. I notice in the Aug 11th presentation on page 7 that FMS have highlighted FMG's 3 Solomon Hub deposits (Serenity, Kings, and Firetail) which could possibly indicate that they are recognising the seperate phases of the FMG expansion. i.e. Kings and Firetail phase 1. Serenity phase 2.

Lets hope RIO are in the mix. Not sure what is happening at Caliwingina but the resource was recently upgraded...
Caliwingina (CID) 1,380 Mt @ 56.8% Fe (up from 875 Mt @ 57.7% Fe).

Now we have Canegrass with 107Mt Vanadium Resource.

From a fundamentals perspective it has been a good week for FMS.