Frankie2008 look at the company aswell, not just the kaka around the place, thats my point, dont tell us this is a worthless sand pit in the middle of no where. 70 ships so far have left FMG's port and all have arrived and been accepted by our Chinese clients. ( see page 2 of todays ann )
Again the business model is sound, product going out cash coming in, when that changes please let me know. Expansion on hold and well documented, fair call given the current global mess, still a target of 45mta - 55mta for a full year running will be a hell of an effort.
Your right July09 will give us the true figures, Chinese equity is on the cards, tipping Andrew wasn't in China for some home made dim sims.
Regardless you have been caught out twice were your shorting figures were what you call a good story, so its a case of calling a spade a spade, did you except roses and chocolates ?
FMG Price at posting:
$1.72 Sentiment: Buy Disclosure: Held
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