FMG 3.09% $17.34 fortescue ltd

FYI:"FMG share price: Dividends to top $27bn in the next decade,...

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    FYI:

    "FMG share price: Dividends to top $27bn in the next decade, MWM" - Thursday 10 December 2020:

    https://www.ig.com/au/news-and-trade-ideas/fmg-share-price--dividends-to-top--27bn-in-the-next-decade--mwm-201210


    With regard to FMG currently undertaking exploration in South Australia, please note the following (please also see the FMG thread "Lake Torrens IOCG* Project – Drilling Commenced"):

    16 November 2020 - Lake Torrens IOCG* Project – Drilling Commenced

    "Tasman Resources Ltd (ASX:TAS) is pleased to advise that drilling on the Lake Torrens IOCG Project (EL6416) has commenced. The project is currently held 100% by Tasman and FMG Resources Ltd, a subsidiary of Fortescue Metals Group Ltd (ASX:FMG “Fortescue”) is in the process of earning an interest pursuant to the terms of a Farm In and Joint Venture Agreement (refer TAS:ASX Announcement 14 June 2019)."

    "Initial planned activities by Fortescue will comprise two angled deep diamond drill holes in the Vulcan North gravity anomaly."

    Cheers.


 
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