Two sides of the coin on this one from MGX and FMG today.
Must be confuse the market day.
FMG ann today:
"The company remains on track to produce and ship ore at a 45 million tonnes per annum “Mta” run rate by the end of 2008, and to expand its infrastructure platform to 80Mta by the end of 2009.
To date 54 shipments have departed from the Herb Elliott port facility and our product continues to be well received by our customers. The shipping schedule continues to progressively ramp-up as more ore is delivered to the company’s port site. Fortescue has not experienced any difficulties in its sales program as its customer base of some 30 steel mills, continues to require product and to meet their contractual commitments.
GBG Price at posting:
44.3¢ Sentiment: Buy Disclosure: Held
