record results, page-17

well work that out a good report a good div, on a green asx day up .3% and we dive 2.3% seems it was priced in on the rise over last few days.

profit taking. brings us to a platform again to rise.

always said that holding 6$ was a big ask for now. But it will
be there and past that soon.

Fmg has has the goods to go on with the job. pity some share holders have no stomach to go with them.

happy with all things to date as the management have delivered again.

Now if we have a good steady 3rd Qrt result and ore keeps above 120 we will be heading towards bigger numbers in the s/p. we are half way through it and the fist 6 weeks have been ok.


still the debt is an issue for some they need that security blanket as they worry about China. But the 155 ton capacity to my mind balances that out even with a reduced ore price.

we are now in a situation that we can withstand a lower ore price even to $100 p/t

i feel sure that with that sort of price drop if it eventuates as some have said will not last long.

moving on. lets talk a bit latter see how it pans out.


al these thing have been covered in detail before, but i mention it again in the light of the report today just brings it to a reality.