The 3 month average IO price is 58US, FMG say their 2016 Costs per ton to be just 18US,
The have 2 billion in the Bank, No loans are due until 2019, They produce and sell a sheit load of Ore.
They are making a profit and will continue to make profit,
Twiggy said the only way he would endorse the placement of new shares is if the Price per share reflected the Value of the Asset as well the value of the Business. So no Chance of dilution at these levels.
In 5-10 years FMG could be at 10 bucks, and RIO at 100 bucks, and BHP at 60 bucks,
There is way too much Infrastructure to be built, and 3D design Programs are quicker to design projects than ever before, also there are more Financial ways to raise Capital for Projects than there has ever been in the past. Join the Dots. Thats the future, Any little wars will be with just Pea shooters on a Drone here and there pin point up the crack of any problem. Nucular War heads are not a risk anymore, the world is too smart now to consider it. Its pea shooters on little drones, right on the nose of any nutters.
The Future is Brighter than ever before.
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