FMG 5.04% $17.50 fortescue ltd

know whats funny, page-5

  1. 1,683 Posts.
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    I can't think of anything that can go wrong with this project now. They have:

    1) The Iron Ore,
    2) Government approval for everything
    3) Fully funded Rail link to be built
    4) fully funded Port facility to be built
    5) fully funded mine settup to be built
    6) a growing list of binding sales agreements with cash up front with Chinese customers
    7) a global demand for Iron Ore that is going to remain strong for the foreseable future.

    Can someone tell me where any REAL risk exists now? The only risk I can see is delays in construction of the various items above, but that is only delay of perhaps months I would expect, if at all. Even if it where a year, who cares!
 
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