FMG 0.00% $20.47 fortescue ltd

Iron ore price, page-13313

  1. 15,690 Posts.
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    It’s dividend payday today folks .. lol

    $$$$$$$$$$

    Dalian closed at 788 last night and IO stocks in Chinese ports low ... we should see a nice shade of green today, but it is the longer term outlook that should make LT holders really smile ..... If IO prices remain at around these levels for the remainder of the year, FMG could end up close to a net debt position of zero by March quarter 2020 ? If you look back we have progressed from a very weak position in 2015 where analysts were predicting our demise to IMO a force to be reckoned with ... certainly nothing to complain about !

    Hope all is well with you @frankycc .... we all miss your informative posts !

    GLTAH
 
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