FMG 3.61% $20.10 fortescue ltd

fmg and fe, page-1793

  1. 1,252 Posts.
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    Are you tempting Satan?
    I see FMG reasonably OK this month. From mid ~October and more likely in November $4 is on the cards. FMG product is not what the market is buying at a premium price, on the contrary sub 58%Fe sells at a discount, remember Q4 realised price? There is no quick fix for this. I did some research into predictions, supported by cold numbers, expressed  by the Chinese traders and analysts. Prospects for low quality IO is bleak this Northern winter.
 
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