FMS 0.00% $1.65 flinders mines limited

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  1. 559 Posts.
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    Singa, my heading was more for the impact value of those that may have been lulled to sleep with the posts over the last few weeks. I am under no illusion that a deal with Rio or FMG would be like winning Lotto, but without a doubt it would be a better option then what Todd has presented us to date.
    I would also disagree with your assumption that most of us would bail at 5cents. If we did start something with FMG say, then what would the harm be to stick it out until IO recovered and we could stand on our own? I'm not convinced that FMG would want or need to buy us out.
    The facts are something triggered Todd to move with their low ball offer. They are not working with our board "spill" reference in their statement and our board are talking with someone close to us in the Pilbara. All this says to me say NO to Todd and hold or acquire.
 
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