I am sure everyone knows this but straight from FMG's WS :The...

I am sure everyone knows this but straight from FMG's WS :

The long term objective of the exploration team is to build a resource and reserve base that will underwrite Fortescue's growth strategy for many decades to come. With so much of its vast tenement area still to be explored, together with the opportunity to bolster existing resource and reserve portfolios across the Chichester and Solomon areas, the team is extremely confident and motivated to achieve this goal.

Sound like good news when your the next door neighbor sitting on a potential stack of high quality iron ore.

Oh and Andrew Forest is head of the BRW rich list.