FMG 1.91% $21.62 fortescue ltd

ann out on share price

  1. 960 Posts.
    well as well as what fmg has stated in their ann remember that India has insigated an export tax on iron ore so as to limit the amount of iron ore leaving their country ,they need the resources for their own steel idustry,this can only mean one thing a sqeeze on supply for iron ore over the next few years aat least.i see iron ore prices up big time over next 3-5 years.
 
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