I've been in and out of FMS since eartly 2008 when they were Flinders Diamonds [ASX-FDL]. I've always turned a profit off the SP movement. Just bought back in recently. As far as I know, they still have a farm-in aggrement with FMG. Royalties from FMG for IO and ALL diamonds from FMG go to FMS. I think they are a well managed company and the RTA deal is visionary.
Wads