hmmmm.....
FMG have closer to 3 bill than 1 billion
"inferred" resource v "conceptual" resource
big difference... must compare apples with apples not oranges.
39%......where do u get that from....div the 390 into 1 bill i assume.....although im into the scotch so could be seeing things....
Maybe 12 months....I think 6-9 tops....after all they are my favourite 2 numbers....lol
FMG are also closer to starting production, have deals set for the sale of ore....railway link being completd..........miles ahead...........major workforce........cashed up....hard to compare.
Once resource becomes "inferred".....30-40c share possible minimum.
FDL sell off 390mt "inferred" maybe 600 mill = 60-70c share
FDL JV retain 30% profits, maybe = $1.50-$2.50 share
FDL do it all themselves all the way to production ........wont happen
All just a guess at this stage
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