If the above assumption of mine is correct, then it seems to me FMG can enter the pellet high IO content market segment without affecting their value in use customers?
Bad news for VALE, BHP and RIO great outcome for FMG?
So long term future looks pretty good to me here, so Super parcel bought at average of 350c is a keeper, trading parcel elsewhere not coming anywhere near this at present as 11c (below guidance) divy can not possibly support this as the last half divy did, imo.
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