Just read another article on fmg in the fin review this morning. There is a very clear determination to enter into new large scale JV's in new projects. Management are bringing their skill set while others bring the money. I think fmg is telling folk to keep your eyes open imo.
They want to spread their wings. Small projects won't move the dial when you are his big, so scale would be needed.
This is the wild card with fmg, surprise on the upside.
They already have some interesting gold projects to drill. Short term iron ore prices are just that. Dyor
Iron ore price, page-3554
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$18.10 |
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-0.340(1.84%) |
Mkt cap ! $55.72B | |||
| Open | High | Low | Value | Volume |
| $18.33 | $18.39 | $18.08 | $121.3M | 6.626M |
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| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
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