FMG 0.90% $20.14 fortescue ltd

Iron Ore Price, page-2366

  1. 2,945 Posts.
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    "then some thing happens that the experts did not see coming. and its a new day. filled with new speculation".

    stated that 3 days ago.

    Guess what some thing happend. where it goes No body knows? but The action tells me its going up. as is the ore price, speculation and share price.
    shorters have to re consider, an ore price rise may be to mid 60's that will rather put them out of business.

    mid 60's with the lower aud rate and costs reductions looks pretty good for the debt to be paid.
    no worries if its a few years to to do that. the price will rise at each point. we will have our rises and falls as people remove the profits. But the trend will continue as long as the cash flow grows.
 
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