FMG 1.17% $17.73 fortescue ltd

Iron Ore Price, page-1555

  1. 1,848 Posts.
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    Rc, I know your post isn't directed at me but thanks anyway for posting that link here, I really appreciate your interest in FMG as you make it easy for folks like me to learn as well by honing in on good sources, very good interview imo.

    Ross Greenwood asked good questions and Nev P answered them well. From your point of view I think you could be justifiably encouraged about how he answered the question about Baosteel and other Chinese co's being interested in infrastructure- he makes clear they don't need a deal, and I believe him, everything he said was consistent with their reports etc, but that they are in a very good position to entertain offers from potential partners.

    I think you are right RC in your sentiments that shorters and things unrelated to FMG fundamentals are bearing down on the sp, and also right that that sentiment may change quickly with any anouncements bearing on debt.

    Have a good weekend.
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