Maximus resources originally owned the tenement at cane grass, from memory their was up 3 billion tons of magnetite. The share price jumped from 13 c to 31c on the news, I was lucky enough to be on board at the time!.
Maximus did some drilling, all looked promising then the project quietly went under the table for some reason. FMS bought the tenement for 1 million dollars I think. Kevin Wills was MD.
