I'd say there is 1000+ years of IO up north. They opening up new sites all the time.
They reckon we've only used about 1% of what is up north. It takes many billions to unlock it all.
The money been mainly spent with BHP, RIO and FMG. Gina is only about 50m/T a year so a small player.
The big 4 in the world is BHP,RIO, FMG and Vale then rest hardly made a dent.
I don't think people have any idea how large the deposits are as WA is a very big state.
Go look at a satellite shot of up north and the red part is IO country and only a very small part been mined so far.
I'd say there is 1000+ years of IO up north. They opening up new...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$17.45 |
Change
0.260(1.51%) |
Mkt cap ! $52.97B | |||
| Open | High | Low | Value | Volume |
| $17.34 | $17.55 | $17.13 | $63.23M | 3.631M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 5384 | $17.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.46 | 4042 | 10 |
View Market Depth
| Last trade - 12.50pm 17/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |