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2,040 Posts.
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21/09/15
11:59
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Amidst the doom and gloom that surrounds the IO industry this is a feel good story and it is in the West.
"to deliver two million tonnes of iron ore annually for five years from Western Australia's Pilbara".
Just to refresh FAS has a potential 50 year mine. The fundamentals haven't changed, the price of IO is
more than what it was when FAS was touted as a blue chip potential, albeit by themselves.
Among 2500 of hopeful holders the resource is still in the ground,
I haven't seen this posted before, at it height of 1.97$ it may of had 500,000,000 shares that's a MC of
1bn$.
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