FMG 1.10% $19.76 fortescue ltd

twiggy to get shovel out if needed...hehe, page-3

  1. 10,824 Posts.
    if twiggy's talking of pushing rail through to CC it's because he has to, not because he wants to. he's got to preserve capital until he starts turning a profit. its about 100km = $200m, not a decision we normally leave to the track crews.

    if the ore-grazers don't work he'll be copping too much dilution, losing his thin ore bands, and needs to pick the eyes out of CB & CC to get DSO tonnes out quickly.

    or you can always mine with shovels as well as load ships. just need to bring in more chinese workers.
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
(20min delay)
Last
$19.76
Change
-0.220(1.10%)
Mkt cap ! $60.84B
Open High Low Value Volume
$19.66 $19.80 $19.20 $191.1M 9.763M

Buyers (Bids)

No. Vol. Price($)
3 4673 $19.73
 

Sellers (Offers)

Price($) Vol. No.
$19.76 31740 2
View Market Depth
Last trade - 16.10pm 04/10/2024 (20 minute delay) ?
FMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.