FMG 0.45% $22.10 fortescue ltd

good reentry price, page-31

  1. 174 Posts.
    The next trigger point is at the end of this month when it has produced 2m tonnes of iron ore as this marks the completion of the 1st phase of its expansion. It will then need to consider which refinancing options will be most appropriate to expand its production further(from 55mtpa to 100mtpa). A capital raising will depress the SP.
 
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