iron ore, page-42

Ya,thank you for explaining that. You are correct.

I have gone over and over the announcement so as to get a clear picture of the position. Besides the very good news of CID in the water hole I believe the most important statement in the announcement to be the following:

"THE INITIAL EXPLORATION INTERSECTION IS CONSISTENT WITH CONSULTANT DR RICHARD RUSSELL's INTERPRETATION AND CONFIRMS AN EXTENSION OF FORTESCUE METALS GROUP SERENITY DEPOSIT INTO E47/882"

This statement gives the whole FMS io story credibility and indicates we may be shareholders in a company with exciting prospects.


Sav