Its worth reflecting on FMG and how almost all the Australian...

Its worth reflecting on FMG and how almost all the Australian instos stayed out of it and it has cost them big time.

It follows that they will look around for other big resource situations. FDL may tempt them given the success of another 300 MT (absolute max) that MMX has and what its done.

In fact, when you consider FDL will be sitting next to FMR's future train line while MMX has to build its own, it could be that FDL gets to move ore by rail sooner than MMX.

Granted FDL is still to drill a hole and has a hell of allot of work ahead of it but its got "the critical" elements of a good story.

The question is when does FMG plan on puting the line through to Solomon resource? Is it something for a rainy day or is it part of the current rail plan?

In any case, FDL seems like it has the markets attention and the market has a fair idea where a 300MT potential resource can be valued (i.e allot higher than the current price).

Tomorrow should be a blast.