Mr Market certainly doesn't think the FMG option will be taken up.
I also got the feeling at the AGM that there was growing doubt, with AV making it very clear that they were working on plan B options for Iron Valley just in case...
I tend to think that this media article, by a sponsored writer basically tells us that the FMG deal is not going to happen and once announced the SP will take a hit even though we are fairly close to cash backing already.
Not good news in the short-medium term.
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Mr Market certainly doesn't think the FMG option will be taken...
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