Wsa breakout, page-8

Yes I agree FMG has outstanding free cash flow but from 2019 profits, 78% had been payed in dividends.
Also bare in mind 3B share on issue and still re reted x3
Its just my view with Indonesia worlds largest producer banning row nickel exports in Dec 2019 creates global shift and elevation in nickel price sentiment.
So with this in mind in my previous post I describe parallel in global price shift that happened to and most ion ore companies re rated . Now I see potential of similar magnitude for all nickel companys. Just my 2c. Ta