Well my FMG dividends plus franking credits have paid for my shares from a few years ago.
Its allowed me to retire years earlier.
Have loads of shares in PLS as well and they just started doing dividends this year and I can see them
going past FMG in the next few years with returns.
China does have plans to import from Africa where RIO and the Chinese have a split partnership to sell to China
in 2025. Whether they can depart from Australia an only import from Africa is the bigger question in the years ahead.
We have all seen certain billionaires fall very hard over the years here in Australia.
Homes a Court and Alan Bond spring to mind. They go over spending and the company falls.
Ann: CFO Update, page-82
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