A report in the Sydney Morning Herald page 24 that BC Iron have firmed up 47million tonnes at 52-60% IO grade nearby to FMG (and FDL) and the FMG rail line. They have cut a deal with Twiggy.
There's IO in them there hills.
Also reports that Sinsteel was trying to cut a deal with Twiggy pre its Midwest unsolicited bid.
Go the Pilbara...the only place to put your cash and margin up at the moment...
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- io resource firmed up nearby
FDL
flinders diamonds limited
A report in the Sydney Morning Herald page 24 that BC Iron have...
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