Posted this the other day.. if anything i believe FMG will take over FDL to compliment their own tenement.
Dj Market Talk newswire.
Buyers are betting Flinders can prove up its iron ore target and then team up with Fortescue Metals which has a billion ton resource at adjacent tenements. With market cap of just A$107 million, a takeover from Fortescue or Rio Tinto
may also be in the cards. (APW)
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