FMG 1.72% $22.48 fortescue ltd

Iron ore price, page-26959

  1. 3,608 Posts.
    lightbulb Created with Sketch. 1586
    I forgot to add this in Dec

    This is a little piece from Westpac about Iron Ore in Dec 2020. Nothing has changed since then.
    Supply still is an issue, demand is cranking and getting stronger
    Cheap money and massive gov spending will create massive demand Ex China
    More giant stimulus from Biden

    Its pretty obvious that Iron Ore will be stronger for longer.
    FMG selling higher volume and better quality iron ore
    Eliwana & Iron Bridge
    Dividends likely to be above $1.35 plus

    How high can this guy go ?


 
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