There is nothing wrong with safety. I guess im more happy to take a greater level of risk since I jumped in quite hard at a dollar.
Im more than confident they will secure a binding agreement so Im happy to hold. I dont believe FMG's chief operating officer would make public statements saying they are looking to turn MOU's into binding agreements if it wasnt going to happen.
Mr Rowley also said Fortescue would soon turn memorandums of understanding with smaller iron-ore trainers Atlas Iron and BC Iron into binding agreements.
This is to set an example to the bigger boys.
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