Hehe pelm, no intention to drag you into FMS since if so, I would worry about your future since you take the tips not make the decision for yourself.
I need to recheck all of sides of FMS and get my senses and all of my posts to help the people to get the senses only. Definitely not everyone would like to read good senses about FMS but it is their decision and choices.
You seem not happy or a little bit irritated by the good senses on FMS. Don't bother and you have to go for your own way, winning or losing.
I don't agree your saying FMS IO is the lower end of Pilbara IO for the market after 2011 but fully agree it was true in 1970s. Don't forget FMS 124mT BID IO(JORC resource) and more exploration targets of the BID which is at the margin of the channels and extended out.
I am emotional or passionate since now we could see something in future with much less guess work but I keep to warn me not closed mind with blindly belief. Fortunately I could not find the facts which could force me to give up the faith I have got at the end of 2007. LOL.
Good news is we should all be safe now. However if you could give the fact such as in China or any BRIC nations who don't use any IO with the scale less than 50% or FMS could not get any way to make the IO out economically or global economy and politics would be in another dark age, I would be very happy.
What's your quality ore at what price? What's your assumption of FMS IO production cost? No feasibility study from FMS now. If all of the reference are from the fact after the crash last October, you are wrong. If my mind could be made, I would wait for the Sun raising again and run after the raising Sun, Sir!
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