FMG Announcement: Page 30 Latest Presentation - 8th May 2008,
On July 18, FMG plan to make a major announcement regarding expansion.
On page 32, highlighted is a map for expansion and development of Western Pilbara, a rail loop right through flinders tenament. FMG need to produce 2 Million tonnes in a 4 week period for practical completion ie. approval to ask for money to expand ie. 100 MTPA, 200MTPA..etc. as a condition by bond holders.
How will this affect Flinders?
A month to hold, drill results come in for flinders (and we have the grade and tonnes) then FMG make an announcement to build the infrastructure straight to Flinders, it will be a matter of gaining access agreements in place with FMG and the sky the limit for Flinders.
july 18 2008
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