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3.28% $19.50 fortescue ltd

Iron ore price, page-4317

  1. eyeswideopen
    11,474 Posts.
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    16/11/17
    22:59
    Post #: 28873457
    Fmg could take charge of its own pricing to a significant extent by diversification into 66%+ pellets as frank suggested awhile back.

    Say fmg invested in 100mt pellet production, in times like these they could cut back the 56%to58% DSO replacing it with upto 100mt of pellets should discounts change they can then change product mix for best outcome.

    Imo.
    FMG Price at posting: $4.64 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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