huge re-rating coming !

  1. 10,494 Posts.
    http://www.smh.com.au/business/fortescue-rail-port-assets-up-for-grabs-20121217-2bj9q.html

    It's all happening. AGO South East Tenament; argubly the company's best in terms of grade, mine life and potential huge upside in resource definition will no longer be stranded. 50MTA as part of Horizon II expansion is now a REALITY.

    Most importantly, the 31MTA of port alllocation at South West Creek will no longer be at risk of being lost.

    Get ready for LIFT OFF !

 
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