fortescue breaks ranks to ink deal with china, page-27

frank,
Twiggy did what he had to do to secure finance for the expansion ,and ,what`s more important is the bond/relationship with the chinese gov.for the future.

Anyone that raise the issue of FMG undercutting the ore price is only playing with Australian sentiments ,to feel some sympathy for BHP and RIO.Twiggy is not letting Australia down as evident by his charitable self.
Read announcement again . What discount and for what grade,and how many tons are we talking between july and December ?

Manipulating feeling of the man in the street get you nowhere .
Dear Aussie friends and brokers ,Did you support Twiggy to bring FMG into production? it is easy to criticize,but not to tip a winner.
He did it with the support of overseas institutions
Twiggy is Australian and succeeding beyond expectation. And we are seeing a good example of "the tall poppy syndrome" .
imho