FMG 3.61% $20.10 fortescue ltd

I like this bit below. A great stock to be holding for the long...

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    I like this bit below.  A great stock to be holding for the long term  

    "A change in marketing focus directly related to flexible operations and new markets will also lead to greater penetration in global iron ore markets. 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. This strategic target will be achieved through the Firetail replacement project without losing the company’s focus on minimum mine lives of 20 years."
 
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