FMG are sensing a slow down in China's economy,which relates to reduced orders & price for Iron Ore & as smart operators are positioning themselves with opportunistic diversification. I think this is only a dip your toe in situation for FMG to test the go forward cooperation & Drill Action, later lifting their investment or partnership further. Buru has Mitsubishi, why not OBL & FMG having a close relationship becoming a force in the Canning.
Great news & starter result today.
today's ann, page-14
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