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Ann: Lake Torrens IOCG Project - Drilling Update, page-99

  1. rorter
    2,294 Posts.
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    10/03/21
    11:38
    Post #: 51654867
    8 Mar 2021
    "Fortescue Metals Group says 380 jobs have been impacted as its review of the Iron Bridge magnetite project in the Pilbara continues."
    Cost blowouts at that project have been a setback for FMG.

    I think the above is the main reason there was an unexpected set back in TAS trading this week. The potential at Vulcan remains IMHO.

    Waderyrekon?

    TAS Price at posting: 8.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
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