So how are people reading this?
Seems it is heading in the direction that frank predicted some time ago.
"related to flexible operations" product mix favouring 68%IO pellets in a market environment such as we have now?
"Complementing this is our target that in the future a majority of Fortescue’s production will be >60% Fe competing head to head in the higher grade markets."
Will they set a production limit say of 200mt per year of mixed product and take some DSO off market in a low price environment?
Interesting times ahead.
I'm liking my divy yield so not going anywhere?
Ann: Announcement from the Chairman - New Core Leadership Team, page-24
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| FMG (ASX) Chart |