Ann: FMS Investigates Additional Rail Options , page-8

Another way to look at it is this:

QR drops a 'SPAM' letter to FMS asking if they have an interest in giving them money in exchange for helping FMS to haul iron ore.

Gary, who is taking 'heat' for taking so long to finalise a rail and port infrastructure deal and just before the AGM, decides to ring QR to see what they have to offer.

Sorry for being cynical but anyone could have set up a ‘Non-binding Heads of Agreement’ with QR national, it is a no brainer and only a very minor advancement.

Just look at how the market has responded so far…

I’m a long term holder and believer in FMS and its iron ore assets but no longer a fan of Gary.

I have already voted ‘No’ to all AGM resolutions, especially the one asking for more ‘freebies’ from shareholders.

:-/
DamianWRX