FMG 0.18% $21.86 fortescue ltd

re:what is the impact of awards dredge contract/es That is mean...

  1. 57 Posts.
    re:what is the impact of awards dredge contract/es That is mean the contract signed with Chinese companies is total abandant. Now they use Jan de Nul NV for the dredging for its port at Anderson Point, Port
    Hedland, who know the "Jan de Nul NV"? Australia or foreign one?

    The US$200m debt is real a big burden in terms of current FMG's situation. The new contract is much less security and uncertainty in finance and sale compare the one signed 2004.

    If Andrew has leave th eposition or even be charged by the count stated in Australians. What happens in FMG's development, especially in Pilbara, the most valuable area for FMG.

    My feeling is a little bit negative for our share.
 
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