Ann: Fortescue to farm-in on Myall & make cornerstone investment, page-51

i sold the small amount I held yesterday just before that depth at 10c dried up. I'm taking a punt that it will drop further on news of drilling, and further again in the long wait for assays following that.
will buy back 2.5 times the amount I sold if it hits 4c again.
I get that it's fmg, but it's a small risk for them, they have well and truly outplayed magmatic here. Magmatic put themselves in a desperate position through a string of bad choices and poor foresight.
They've had months and months to get a drill program together. Where the heck is it?