You're right. My only concern is that the PIOP may not be sustained - both in terms of market demand and capital expenditure. I have held FMS when it was involved in diamonds/iron ore and was disappointed with its non-performance. Maybe it is different this time and should your forecast hold out then we are looking at a market cap of at least 900 million. I am just looking for an entry point!
You're right. My only concern is that the PIOP may not be...
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