iron ore up today, page-3

thanks for s/p update Champ

i would imagine if 110 averaged for the year even at 127mt its rather impressive. the extra volume be it up to 155 as stated may not be reached but what ever over its gives fmg to make good profits at a lower o/p. all this will be old news nearing end of 2014.

you can be sure further cost cutting will come into play soon. saving in energy costs are a priority for fmg as is debt reduction also savings on interest and further ability to restructure loans in the future. so they are focused in the right side of the balance sheet. this will be the big play in 2015.