ubs says sell fmg buy gbg, page-11

GINDALDAN

yep TWIGGY is walking a very high tight rope which could swing wildly if low ore prices, operating problems and a unservicable heavy debt all come together in a perfect storm.

i wish him all the best, but all the best wishes in the world were not enough to save him and ANACONDA.

will FMG go the same way ??

very possible if the perfect storm blows up.

the chinese have thrown him a life rope but attached a the other end of the rope is a massive harpoon.

just shows how desperate the chinese are for iron ore if they are willing to sink billions into FMG's crappy resource.