Thanks Frankhalo good read.
The thing i find most interesting is that FMG is the most streamlined IO miner in the world, i'm not sure of the exact figures but IO miners in South America , Africa and other parts of the planet could give there IO to China for free and FMG could still beat their prices and make money due to the short distance of shipping logistics alone.
I am happy to be corrected on this if i'm wrong, but it only takes a quick look at the world map to see the outright advantage FMG has.
PS buddy, i see you caught on to my beer for rum thing, i am buying FMG for less than a stubbie of Coopers ale, when 12 months ago they were the price of a six pack.
This is only my humble opinion and should not be taken as anything close to investment advice DYOR please
Cheers Bull
Thanks Frankhalo good read.The thing i find most interesting is...
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$19.49 |
Change
0.320(1.67%) |
Mkt cap ! $60.00B | |||
| Open | High | Low | Value | Volume |
| $19.06 | $19.51 | $18.92 | $114.2M | 5.891M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $19.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.50 | 5200 | 4 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |