FMG 0.11% $17.96 fortescue ltd

Iron ore price, page-55469

  1. 921 Posts.
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    Just, Mr borano, in order to address the concerns you raised that I was not a fair dinkum buyer, I bit the bullet, squeezed the trigger and added to my burgeoning Fortescue portfolio.

    The other reason was as TonyIndo highlighted Alta Copper, which Fortescue has a significant holding and even might acquire in a friendly takeover, was granted permission to proceed with its Peruvian copper mining. Plus a host of other reasons.

    Do you, borano see this as buying time. China is obviously the elephant in the room.....trying to pick IO price movements is a mug's game. So much hand-wringing goes on in these conversations!

    All the best mate, Wes


 
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