Iron Ore Price, page-2596

Aussie Joe, well articulated, it's expected from those who have short positions to have different views and honestly I respect alternative views if it is constructive and meaningful. However, some think they can actually move markets from comments on HC it's comical & particularly naive. What is important here is the fact the market responded very positively to FMG's quarterly report & UBS upgraded FMG to a Buy from Neutral & Morgan Stanley put an overweight rating after their site tour. Obviously, FMG has a higher risk reward than some of the other tier 1 miners however, their ability compounded by their commitment to reduce cost has been recognised by the market. Other forces such as China, iron ore value & AUD are really out of their control. In saying this I do believe the time has come for FMG to seriously look at selling some of their assets as it will provide them with other opportunities to take advantage of their stronger & well capitalised position.