Great news as far as I am concerned.
Best rename SBM de broke - let them go broke and struggle. LOL By the time they are shipping anything from that place
FMG will be looking so much different having farm in agreements we could well be also mining rare earths, copper, gold
and uranium and let's not forget our better grades will also be hitting the markets.
We have so much to be getting on with including hydrogen and I would rather not see FMG distracted by this mega
difficult work overseas.
Jobs are need here in Australia and FMG will provide enough. I would expect that even our government would be pleased
with this news.
These are opinions and any number of people may disagree. Let's see what the market thinks. Only the market will be
correct.
So please FMG pull out all stops in diversification - we have done well already with that. We sure know how to mine and
are excellent at it.
We are making excellent profits and pay good dividends - that is good enough for me thanks.
News: FMG SMB-Winning awarded tender to develop Simandou iron mine blocks, page-6
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