That ramp up in share price for FMG would have been in part due to the announcement back on the 26 March 2007 when they signed the Off-Take Agreement and MOU with Boasteel Trading Co Ltd to supply up to 20 million tonnes of iron ore p.a. Once Kogi gets off-takers on board we should see a mirror image in share price growth, one would expect.
Great to see that article in the African Mining Review. That magazine (and article) will have worldwide exposure. Fantastic. It's also been one of the most read articles.
Ann: Letter to Shareholders, page-46
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