FMG 3.09% $17.34 fortescue ltd

Ann: March Quarterly Production Report, page-36

  1. 7,587 Posts.
    lightbulb Created with Sketch. 6862
    So basically, "look at the price bro'"

    Record sales for the year....but double digit percentage falls on last quarter for iron mined, processed and burden removed?
    Keeping costs in line with inflation is by very definition, not extra-ordinary.
    Profits that a 16 year economics student could have foretold, with very good disclosue and guidance from FMG to its credit.
    With Iron-Bridge +45% blow out on costs, someone has been doing some dodgy ROI calculations on 2 years pay back forecasts.

    Just a difference in perspectives I suppose. Good luck with your investment. Sincerely. You are a decent psoter jb206 as I recall.
 
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