FMG 1.90% $22.00 fortescue ltd

twiggy falls 49,800 short of target , page-18

  1. 205 Posts.
    lightbulb Created with Sketch. 188
    gidday to all,its hard to tell from this forum exactly how informed some people are but just to put a little bit of real info on the table fmg has gone from nothing to 3rd largest iron ore producer in record time,mine ,railway,port built in 2years now that this is in place its the goose that will keep laying golden(iron ore)eggs,so of course there will be big debt to start with, iam sure twiggy didn't have the 5 bill tied in the coner of his hanky,but now the infrastructure is in place all he has to do is dig up dirt shake it through some screens put it on a train tip it out at the port and throw it on a boat not exactly rocket science,granted there has been problems at the mine but nothing that can;t be overcome,as a member of the team that makes this happen every day i am more than confident this company will be very successful in the years to come,just a heads up we load at the port at a GLR(gross loading rate)of 7300 tph consistently,rio and bhp would be very happy to be in this ball park (i have also worked at bhp so i know a bit about how things operate)currently we sail 18-20 ships a month so you do the math,won't be too long before debt is reduced and production and sales increase+we load atlas iron ore in between shipping gaps,so to anyone out there that doesn't think twiggy knows what he's doing,you need to rub some viagra in your eyes and take a long hard look at yourself
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
(20min delay)
Last
$22.00
Change
0.410(1.90%)
Mkt cap ! $67.73B
Open High Low Value Volume
$21.93 $22.09 $21.58 $138.1M 6.316M

Buyers (Bids)

No. Vol. Price($)
2 9247 $21.99
 

Sellers (Offers)

Price($) Vol. No.
$22.00 3521 3
View Market Depth
Last trade - 16.10pm 11/07/2024 (20 minute delay) ?
FMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.