Iron ore price, page-53607

BHP though had to mothball its nickle operations so their profits will be lower in the coming years.
FMG is increasing the volume of IO by 30 million tonnes a year which means higher profits.

FMG a year ago did this as well. It recently went from $29.95 to what it is now before the recovery starts.
Last year it dropped from what was it about $26 to $19 and then recovered later in the year.

IO this time of the year is low and been that way for years except one year when it went quite high
pat $200US/T.

Dividend will be better than BHP.
BHP is a $40 stock where FMG ought to be a $30 stock but at a low discount so the next divvy will be yields is
currently at 11.3% where BHP yield is currently at 5.73%