Thanks yet again Borno..... Iron Ore .... coming back Our...

Thanks yet again Borno.....


Iron Ore .... coming back Our Management might have to rewrite the Announcement on the CR........


China steel, iron ore jump to near 1-mth highs on restocking demand
May 01, 2017, 10:32:00 PM EDT By Reuters

........The most-active rebar on the Shanghai Futures Exchange was up 2.5 percent at 3,144 yuan($456) a tonne by 0223 GMT. The construction steel product initially rose to its highest since April 6 at 3,160 yuan. Iron ore on the Dalian Commodity Exchange jumped as much as 5.8 percent to 539 yuan a tonne, its loftiest since April 7, and was last up 4.8 percent at 534 yuan. "After the holiday there's a bit of restocking demand, that's why you see steel prices come up quite substantially and it's reflected in futures," said Lau. It still remains to be seen whether Chinese steel demand would pick up pace this month, with market participants also closely watching Beijing's efforts to tighten financial leverage which may impact the ability of Chinese steel mills to access loans, said Lau. China must ward off systemic financial risks, and regulators must strengthen financial supervision and increase coordinated oversight of major financial institutions, Chinese President Xi Jinping said last week. [nL4N1HY3WX] But underlying steel demand appears to remain firm, with steel inventory among traders continuing to drop, she said. Stocks of five major steel products - including construction-used rebar - held by Chinese traders stood at 12.1 million tonnes as of April 28, down 6 percent from the previous week and the lowest since January, said Lau, citing data from Mysteel consultancy.

Read more: http://www.nasdaq.com/article/china...estocking-demand-20170501-01422#ixzz4fu03U7HI

They....... Need / Want / Have to Have Our PIOP ........ Simple to me.

NZ’s Todd family confident Pilbara iron project will go ahead

• 7:40PM January 23, 2017

http://www.theaustralian.com.au/bus...d/news-story/f822bd1af8cbf2e2f32791b9abc6e451


.......Todd Corp subsidiary BBI Group is confident it can strike a suitable agreement with ASX-listed Flinders Mines, in which Todd owns a 53.4 per cent stake, which will secure hematite ore from Flinders’ Pilbara iron ore project......


......But he was confident that either Flinders or the owners of other undeveloped iron ore resources in the region would be eager to sign up to use Todd’s infrastructure network, describing it as “the most competitive world-scale greenfields iron ore project on the planet”.
“This is meant to be a common infrastructure project, and there are lots of stranded iron ore deposits in the Pilbara, and we’re engaged with all the owners of those resources to garner interest to use those export systems,” Mr Young said.
“We’re hopeful (an agreement with Flinders) will come to pass but we have other options and other customers wishing to use the system.” (Its us FMS we are the Core)
Mr Young said Monday’s state agreement would give its Balla Balla plans further credibility as it steps up discussions with potential equity and debt providers as well as possible offtake partners.
“They are high-risk, challenging projects and they never get up without the strong support of government.” ........

Shareholders we have time on our side and tod is on Time Schedule.......


Shareholders, tod 53.4% + OCJ 21% = 74.4% it anit gonna do it for'em, (thats IF OCJ Sells to tod.. IF) they need over 15.6 %........ we only need 11% to hold.... and we Got"Em By their Balls and Straight To Production, now we are talking   "$"   not   "c"   ......... its inevitable ..


We are And always have been the Core to the BBIG PROJECT.


[email protected]


Email ASIC forward your complaint  Again and again ....inundate ASIC with complaints again and again................ they will Investigate.


https://www.edge.asic.gov.au/008/co...ls/t=73d0c5468c288cf1a7a140febfa1654eafef605d


1. Environmental Approvals


2. State Government Signed


3. Chinese Construction Company Signed MoU




Just missing the Core....  FMS PIOP ... Yes Shareholders Iron Ore ......
The steps have been taken and the Process has begun...... Production
To me its a Done Deal..... it will be a signed legal contract and now just negotiating the final terms (BBIG & CSCEC).


A few yrs ago approx were 12c plus range with.... No..... absolute......


1. No Positive News.
2. No Environmental Approvals.
3. No Government Agreement.
4. No MOU signed contracts.
5. No Infrastructure plan.
6. No Major Shareholders increase in their Holding.


And now .065c - .07c ....wait for it when it rips..... Hold just Hold.......
Flinders Mines (FMS) is the Core to the Balla Balla Project with Top Quality and Quantity Iron Ore... the fundamental Key to the whole Project is FMS PIOP.


March 24, 2017
https://www.australianmining.com.au...step-closer-chinese-construction-partnership/


....BBIG chair Jon Young said the partnership was another major milestone for the project and a step closer to company receiving a final investment decision and beginning construction in 2018.” The nearly $6 billion BBI project and a foundation customer mine is set to be developed in WA’s Pilbara region....


2016 The Process Began...........


1. (17 March 2016) Todd (1st) Offer
Take over offer FMS Shares @ 1.3c


2. (9 May 2016) Todd (2nd) Offer
Increases Offer for FMS Shares @ 2.5c


* Todd Holds 53.4% may put another Offer in or On Market Purchase only After May / June 2017


3. (18 Nov 2016)
FMS receives Environmental Approval for expanded Pilbara Iron Ore Project. (Positive)


4. (25 Jan 2017)
BBI GROUP Signs State Agreement with W.A Government. BBIG ....... Infrastructure Rail leads Straight To the "Core" - FMS PIOP (Positive)


5. (3 February 2017)
OCJ increase to 21% Holding.
(Positive)


* OCJ may purchase another 2% within these 4ths, (and 3% on Market Purchase every 6 months)


5. ( 24 March 2017)
BBI Group (BBIG) has signed a memorandum of understanding (MoU) to partner with China State Construction Engineering Corporation (CSCEC) for the construction of the Balla Balla Infrastructure (BBI) iron ore project inW.A.

(Positive)
6. ( 31 March 2017)
Strategic Review..........
Down Play our Role in BBIG
(Positive) why because they know Our True Value of our PIOP.


We are the Core to BBIG, and the............ "Foundation Customer" / "Foundation User"


FMS HIGH GRADE IRON ORE...
"Estimate of 1.042bn tonnes at 55.6% Fe1 (inferred 144.40 Mt @ 54.4% Fe, indicated 792.2 Mt @ 55.7% Fe and measured 105.3 Mt @ 56.4% Fe) using a 50% Fe lower cut-off grade."


**Shareholders United - Our Strength**


1. United Shareholders 14-18%
Holding and Growing. (Positive)


2. So approximately 88.4% to 92.4%
Shares are not Up for Trade..... (Positive)


3. FMS has approximately 7.6% 11.6%
Share on Market for Trade....... (Positive)


4. Iron Ore Up.. US $68.00 approx (Positive)


5. Global Infrastructure is up. (Positive)


"Just Production" ..... Production Production Production Production......Email ASIC forward your complaint


Again and again ...inundate ASIC with complaints, again and again.....they will Investigate. Email ASIC forward your complaint
.......Lets Take Goliath! Down..... and any wrong Dealings behind Bar just as Curtis Jnr.....


*We FMS Shareholders are Not Selling*


***People Power   Voice your Complaint ...... FMS UNITED ***


https://www.edge.asic.gov.au/008/co...ls/t=73d0c5468c288cf1a7a140febfa1654eafef605d


[email protected]



L4L