FMG 1.26% $18.75 fortescue ltd

fortescues amazing turnaround , page-26

  1. 97 Posts.
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    Hey all,

    It could be related to the tropical cyclone but shouldn't be IMO. The bureau has it tracking south west down the coast missing Port Hedland by miles. Given the distance from the Ports I would be very surprised if they were closed at all, let alone for periods of time severely affecting shipping. The cyclone may bring heavy rains to the area but nothing which should disrupt production or transport of IO.


    http://www.bom.gov.au/products/IDW60281.shtml
 
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