FMS 0.43% $1.17 flinders mines limited

AGM Notes, page-16

  1. 2,047 Posts.
    lightbulb Created with Sketch. 99

    Thanks for the above posts.

    Came across an article where Twiggy has found some high grade ore and will be blending to 60% Fe on his tenaments.

    A few years ago when I/O price was low they oppened a mine with low strip ratio to maintain a profitoney/make profit.  At the same time paying back 10bn loan and paying divi.

    BCK 360Km form coast no problems for MIN Res. At the same time building rail and port. I'm sure they didn't pay cash, but have a good track record and experiance.

    Cheers



 
watchlist Created with Sketch. Add FMS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.