Ann: Fortescue to farm-in on Myall & make cornerstone investment, page-52

Hopefully a nice Monday morning announcement/update.

~$4M cash is in the bank.

$14M spending on Myall to start any time.

Everything should be ready to go and just need to announce rig booked (unless booked and waiting for some/any confirmation for anything/anyone) and when drilling commencing, etc.

There's no reason for them to be slow as they have a lot of funding now.

They did go pretty hard when they had cash with all those deep holes, and only slowed down when cash started running out.

I think they'll go hard at Myall and FMG will spend more than the minimum $1.5M per year.

Copper price also breaking out.

Gold price around all-time highs.

$80B Major onboard and finally got their crown jewel grounds (Myall).

MAG have plenty of hits already and a starter resource.

Adam has the system figured out.

MAG has actually never looked better?

Cheers,

GB.