FMG 3.61% $20.10 fortescue ltd

Iron ore price, page-36701

  1. 1,744 Posts.
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    Simandou is a favourite tactic by Marcrobusiness (David Llewyn Smith), Saul Eslake and AvidCommentator (that is his twitter handle) as an excuse to drive people away from investing in Australian Iron Ore.

    They keep harping about Simandou being the Pilbarra Killer but until we see some progress, I doubt it will ever happen in our lifetime.

    This Coup in Guniea has further pushed out that expectation.

    Will be looking to buy more FMG once price settles after the ex dividend.
 
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