FMG 3.09% $24.78 fortescue ltd

Ann: June 2021 Quarterly Production Report, page-33

  1. 914 Posts.
    lightbulb Created with Sketch. 31
    E.G will steer fmg to greater heights, imo.
    49.3mt shipped, 182.2mt fy - wow.
    net debt - what debt. Now $2.7B net cash.
    imo I think the div payment will be to quote B.M - "special"
    And think, if prices hover around current levels for b.o.y then drops around $150 and can deliver 185mt , hang on to your seats, not to mention the other projects in the pipeline.
    Go FMG
 
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