as the dow's dropping by so much so quickly and with the global slow down happening which will lead to recession.
lol, it was only 6 months ago that we were in a boom commodity market with china and india. which people were saying would last for the next 5-10 yrs...
fms has no control at the moment over there share price. even if they came out with huge amounts of ore.
Iron ore will be needed by the new worlds for a very long time. So this is why FMS will do well, if they think they have as much as they think they do and it is 500mt all long term holders will be laughing.
we can pray, we can guess, but we are all relying on FMS and big kev's inspiring audio's to make us rich. Will there be another FMG. i hope so. and i hope is is FMS.
remember that in 10-20 years the pilbara will be one big hole in the ground and it will all be owned by BHP..LOL
what happens today is today, look further people, much further....
FMS Price at posting:
7.3¢ Sentiment: Buy Disclosure: Held
