aberfan I think that rail extension is to FMG's Firetail deposit...

aberfan I think that rail extension is to FMG's Firetail deposit which is part of phase one on the Solomon expansion. What FMS should be keeping an eye on is the developments going on at FMG's Serenity deposit which will be phase two of the Solomon expansion.

Back to Rio. Here is a link to a video of Tom Albanese whom appeared on ABC's Inside Business yesterday. FMS wasn't mentioned. LOL

http://www.abc.net.au/insidebusiness/content/2011/s3383119.htm

Atleast we know Tommy is in Oz at the moment. Hope he catches up with Gazza.

Tommy had alot to say about the iron ore stuff. Worth a watch. Costs are very important to Rio (obvious I know)... just another reason for Rio to be looking at what FMS has as the the FMS PIOP sits very nicely on the operating cost curve at approx $35 per tonne.

Go FMS!