FMG 1.86% $19.54 fortescue ltd

what is happening with fmg, page-82

  1. 1,710 Posts.
    Fortescue, which has A$5.9 billion of long-term debt, is the lowest ranked of nine stocks on JPMorgan Chase & Co.’s list of Australian mining “safe havens” from turmoil in financial markets. The total cost of Fortescue’s expansion to 160 million tons at the Western Australian mine may be A$7 billion, according to a Sept. 16 report from the broker.
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