FGE forge group limited
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roy hill debt funding on track

  1. Timee
    1,268 Posts.
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    23/09/13
    11:00
    Post #: 12360148
    On Business Spectator this morning:

    "Gina Rinehart’s Hancock Prospecting has awarded $2.37 billion in contracts in the past month, positioning it well to complete $7 billion of debt funding to develop its Roy Hill iron ore mine by the end of the year, The Australian Financial Review reports."

    Full article at http://www.businessspectator.com.au/news/2013/9/23/resources-and-energy/roy-hill-debt-funding-track

    Seems there is some confidence in securing the funding, which is obviously great for FGE.
    FGE Price at posting: $5.13 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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