FMG 0.45% $22.10 fortescue ltd

Are BHP, Rio and FMG stupid, page-25

  1. 874 Posts.
    The best thing that could happen is a drop to $80te that will force the closure of most of the remaining Chinese production. Many of them are desperately holding on hoping it goes up.Once they are out we should see more balance in the market. Rather that happened quickly than drag out
 
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