I understand and respect what you are saying! I think for a very good reason that geographical tension between USA and China is a serious risk factor for FMG shareholders! Because we export mainly to China and if the geopolitical tensions continues and China Stop totally export of Rare Earth to USA which are very much dependent on Rare earth (90 percent manufactured in China ), then is possible that America will block the shipping of iron ore to China to cripple their manufacturing as a response! I am not trying to scare people! I think the reason the SP is not above 20 dollar at least is the geopolitical tension! I stop writing about this subject of geopolitical out of respect for you and other members that is thinking it is irrelevant on this thread. FMG is a great investment despite geo political risk and myself love its visionary and forward thinking management and their aims for a cleaner environment and better future for generations to come .
FMG Price at posting:
$16.08 Sentiment: None Disclosure: Held
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