nearology for flinders and the pilbara, page-5

Lol. Its a target resource guys. Your ignorance shows even further when FMGs market cap is actually over $25 billion.

FMG has a JORC proven resource, finance, great management, almost 100% complete infrastructure that cost a few billion, and the largest prospective land holding in the Pilbara. Oh yeah FMG are loading up their ships with ore.

FDL has a target resource that is not 1 billion tonnes. If they ever mine its still probably 5 years away. This is an ultra spec. FDL is comparable to SDL, but SDL has a lot more cash, extremely good management, and significant resource upside. FDL has one tenement, with a target around 400mt. This is an ultra spec and is rated accordingly.