daytrading sept 5 morning, page-118

hey roygbiv52, FMG don't have the premium high grade ore that RIO/BHP have in the Pilbara hence the higher production costs, the latest expanision to 110 million tonnes p/a might be the killer of FMG, the extra supply is not needed and the debt is like a noose around the companies neck.

lithium/copper have much better supply/demand fundamentals going forward, lithium is already in short supply and with copper it is the declining head grade of production that is the real worry.