fmg takeover of fdl, page-20

I have heard rumours that peple on HC are making up rumours that FMG will take over FDL...

lol

Seriously guys, if FMG is interested, it will let FDL drill first...then see what comes up.

Whilst not essential to the immediate plans for this area, for the long term plans, FMG would want this ground under their arm.

Alternatively, they might decide buying discounted ore from FDl "at the gate", is just as attractive?

For those who suggest FMG would not be interested, look to RIO's efforts on Shovellana...a land-locked (for them) resource, who's only value may eventuate some 20-30 years from now, even if only for strategic reasons.

FDL will be similar...but as for "takeovers" any time soon, I would not be holding my breath.

Enough value for FDL without this anyway...and the options especially.

I am free-carried in the options now...makes life a little easier.

Cheers!