FMG 1.20% $21.41 fortescue ltd

FMG drilling for lithium

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    Article in today's Australian about FMG drilling for lithium. A mate of mine who is in the lithium exploration business told me some time ago, that FMG probably had more of the stuff than anyone. He was suggesting they could almost look at producing it as a by product. They certainly have the ground holdings.
    Given twiggy has the embedded infrastructure to go hard, i think its a no brainer they will end up with a discovery. Just another reason to own it over time. I would not be surprised if FMG also had gold on the leases considering some recent discoveries of conglomerate gold out that way. dyor
 
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