I agree that nothing has changed...in fact the prospects are now better by adding the CAZ1560 40KM prospective CID into the program.
Its unfortunate that the combo of the diamond cred issue and the market spooked by the BHP and RIO sell off in the UK overnight and here today. FMG off 5%.
Flinders still has amazing Blue Sky as it approaches a quality JORC in the heart of the Pilbara next to soon to be open infrastructure. Look at Sinosteel today...still buying up more MMX on market..and these guys have no Port and Rail..MMX's market cap is $1.1billion. Midwest's is $817m.
These are the benchmarks for FMS IMO as we get closer to JORC.
She'll bounce when people do their homework....and realise that China and India will be consuming more steel thatn ever before for the next 20 years....and the Pilbara is the best place to buy it.
Get drilling Kev...
the iron hasnt moved, page-4
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