PhilI see that you have missed me. Calling me the "downramper,"...

Phil

I see that you have missed me. Calling me the "downramper," of course I had to reply. I am not going to run just because FWL has made a good rebound.

It is very early days, and too early for you to get too excited. There is still a huge amount of money to be raised before both projects are completed. The fact that Taifeng did not buy an extra share of the MPI plant may indicate that it is expensive and risky. With an increasing demand and supply of magnetite pellets, the extra cost of producing MPI may not be warranted. Do you know the answer?

One poster here, raved as to FWL being the best IO junior in Aust. I disagree, of course. I now have my iron ore investment in CAP, which will produce higher grade pellets at a cheaper price, for 50 plus years, at the rate of 20mill ton pa.