Agree spp movements are not good, but neither is sentiment at this time. The findings to dat show that the FMS tenements are around the same quality as the serenity deposits held by FMG.
On the above basis there is another 500Mt+ of IO to added to the 1.1Bt+ FMG already has in the area - if they want to do a deal with FMS.
It also means that there are economic tonnages of IO for FMS to mine. Either way there is a future in the Hamersley for FMS.
FMS have also said they will be reporting weekly now.
You call it spin, I call it info and opportunity. We will see...
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