"FMG has survived and thrived not because IO price now above $70.0mt, but because of FMG management and the culture that has been created."
ummm, so if IO had never recovered and was currently $30 a tonne, FMG would still have survived because great culture....?
right...
by similar reasoning, i guess the PDN and LYC boards are terrible, and their culture sucks, that's why those companies are struggling, not because their underlying commodity prices haven't risen...
FMG Price at posting:
$6.28 Sentiment: None Disclosure: Not Held
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