Good points made.
Reducing production costs makes Fmg's production viable in times of lower iron ore prices.
Viability leads to the type of reliability only offered currently by Bhp & Rio!
You may be in a position in a few years time to really give the shorters swag!
All in my opinion.
PS Hoping to enter into Fmg shortly myself.
commsec price target $5.40, page-11
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$19.54 |
Change
-0.370(1.86%) |
Mkt cap ! $60.16B | |||
| Open | High | Low | Value | Volume |
| $19.52 | $19.75 | $19.29 | $225.1M | 11.80M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $19.52 |
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| Price($) | Vol. | No. |
|---|---|---|
| $19.54 | 6420 | 1 |
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