Solomon ( stage 1 and furtherest from FMS) has just be approved by the board and works are happening as we speak) FMG pride themselves in delivering on what they say so there is no reason to suspect this wont happen. The new development here has nothing to do with point Anketell though. All ore will head to Port Headland where they have expanded loading facilities to accommodate berths; with another 2 waiting approvals, thus making total of 5. With this expansion maybe they might take on additional ore from elsewhere? I'm softening a bit about such prospects after reading through some of the stuff Twiggy has been saying recently re. working with the juniors. - what terms? well, we'll have to wait and see. Getting back to FMG's deposit adjacent to FMS, that's a few years away with a stack of infrastructure to be built in the mean time.
FMS Price at posting:
14.6¢ Sentiment: LT Buy Disclosure: Held
