Club Mulgoa

Tuesday, March 22, 2011

Pilbara tenement

http://www.theaustralian.com.au/business/mining-energy/fortescue-rejects-rios-pilbara-land-swipe/story-e6frg9df-1226026230160

Makes you think who is going to the richest person in Australia for longest and where the future of Pilbara lies, if China and India are going to progress further. India has its own Fe but China's Fe ore is inferior in quality.

I haven't done well out of FMG because I bought very late. The press was very unkind to Andrew while he was working on getting the Pilbara project off the ground.

0 Comments:

Post a Comment

<< Home