Peter
I used to own shares in AXO (Aurox), who owned land adjacent to FWL. They also had magnetite, but let the lease go during the GFC period, as they had their Pilbara interests. I used to maintain regular contact with AXO by telephone, and I believe they did meet with FWL when they both discovered their magnetite.
I have that interest, so as I read the threads, I may as well bait a few posters, or share some information.