FMG 0.44% $18.16 fortescue ltd

Iron ore price, page-53717

  1. 3,564 Posts.
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    June/July/August its mainly down. Its higher than a year ago but the media reporters never
    mention that is any news reports. Good news doesn't sell well where bad news does sell better.

    August 14, 2023 it was $88US/T and now we are at $100US/T.
    Now if the media was honest they would show that but they never do.

    FMG at a super discount now. These great buys don't come around that often.

    I expect come September it will be around $105US/T to $110US/T and by years end $135US/T to $140US/T.
    By years end 2023 it was $132US/T. We are at a higher point this time round.

    Media doesn't fact check anything. Its no wonder they losing viewers to online content.

    https://hotcopper.com.au/data/attachments/6378/6378858-2a24654f9e3d7da0939566d04996bb3e.jpg

 
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