FMG 2.15% $18.49 fortescue ltd

Ann: Media Release FY18 Results, page-2

  1. 529 Posts.
    lightbulb Created with Sketch. 145
    Profit figures sound reasonable and I can't see any negative surprises.

    I like the fact they will be producing 60% product (West Pilbara Fines) in second half of 2019 financial year, before the completion of Eliwana. That could be as early as 4 months away.

    Hope we see a bounce in the price today.
 
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