There's no such thing as an FLE(M) visa - I'm assuming you mean her initial 33-month spousal visa?
Yes, you are right - she can apply for FLR(M) 28 days before she reaches 30 months in the UK. If she entered the UK on 9th September 2014, she can apply for FLR(M) from 9th March 2017.
However, FLR(M) is only issued for 2 years and 6 months (30 months) exactly - no more, and no less. So, she will have 2 years and 6 months on it, regardless of when it is issued.
It's only the initial spousal visa that is issued for 33 months, which was done to give a her 3-month leeway to enter the UK and still qualify for ILR after 5 years.