FMG 4.01% $19.73 fortescue ltd

Ann: Quarterly Production Report, page-53

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  1. 11,350 Posts.
    lightbulb Created with Sketch. 1457
    What a gift to still be able to buy at these prices or lower.

    One billion dollars a month in net profit. Goodness me!

    Iron ore prices still high.

    Demand for IO high.

    Exciting IO projects to come online this year and next.
    And they’re still making that kind of profit.

    Company paying out extraordinary dividend payouts.
    Only a company of this caliber can do that.

    And that’s all without any major renewable energy projects that
    they’re working towards. Watch this space then folks.

    It still hasn’t sunken in.

 
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