Flinders Mines Camp, page-35

A
asked to post the following from Cassidav.
The story of FMG happened in parallel time wise with FMS. One succeeded the other is wondering where the diamonds are.
The maps are interesting. FMG is around FMS the pink rail on map seems  go very close to FMS. Wonder if FMG ever wanted to T/O FMS?
Enjoy. Friends and I are Holding.
DOYR
  


agree that HC has gone dead but a lot of posters are no longer allowed to post.

To give us some positive thoughts for the future, back in May 15, 2008, FMG sent the first iron ore to port.
http://www.abc.net.au/pm/content/2008/s2246194.htm

At this stage FMG was sending 55 million tonnes per year v FMS's potential annual production of 50 million tonnes year. Admittedly FMG had plans to upgrade to 100 million tonnes per year but when that first ore went out, they had a market cap of $4billion and a share price of $4.
There is no reason why FMS cannot have over a billion dollar market cap when selling 50mt of ore per year. A 4billion market cap would put FMS's price a little over $1. Do not sell your shares cheap.

THIS IS THE REASON THAT TODD WANTS OUR PIOP, THEY PLAN TO MAKE MANY BILLIONS OF DOLLARS OVER MULTIPLE DECADES.

Below is FMG's presentation around the time of production. This should be our future too.

http://fmgl.com.au/media/1304/080508_latest_presentation.pdf