FMG 0.79% $19.98 fortescue ltd

Iron Ore Price, page-2475

  1. 13,783 Posts.
    your right it was 3.00 ..
    that was before recent developments and reports of further significant debt reductions down to 6B and a new lower cost base under $15 ton for IO produced in 2016 on wards .

    that has created a real confidence in FMG as as a long term established no 4 moving up to no 1 on the Cost Curve and with higher Margins soon ..than the majors .

    no one can knock out FMG now ..
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