Interesting day for FMG - they announce 1b tonnes of pretty much the same grade and type of Fe as what TLM have - FMG's market cap is pushed up by about $3 billion - yes that is billion dollars - as a result of that announcement. It seems TLM is sitting on about half that quantity of iron with a market cap of $55m. If we apply some sort of consistancy with FMG then the TLM shareprice should be worth about $60.00 each! Obviously I must be on another planet or is TLM about to have the mother of all rallies when drilling results are released in a few weeks?
fmg find 1bn tonnes haemitie...raks map needed, page-4
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