FMG 1.39% $21.22 fortescue ltd

BHP & RIO on Negative Watch...LOL, page-2

  1. 10,824 Posts.
    Right, Colin Barnett...

    FMG - "can we expand to 180mtpa" - "sure you can"
    BHP - "can we expand to 285mtpa" - "sure you can"
    RIO - "can we expand to 333mtpa" - "sure you can"
    AGO - "can we expand to 45mtpa" - "sure you can, just build the port with BCK so they can produce 40mtpa"
    Roy Hill - "can we start a 55mtpa mine" - "absolutely no problem whatsoever, just do it"
    Anketell ? i forget what that's going to put out pa

    12 months later "jeez, these iron ore companies have done the dumbest corporate play EVER in expanding production. not sure i like this competition thing after all"
 
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