FMG 3.61% $20.10 fortescue ltd

Ann: Agreement for Construction of Very Large Ore Carriers, page-22

  1. 48,267 Posts.
    FMG is in the doggy doo doo.

    Their costs are way too high compared to Vale, Rio and BHP.

    The crunch is coming.

    We're only a few dollars a tonne away from FMG running at a loss. Time to sell is NOW.
 
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