Yes Money maker all true, As I said we dont need to worry to re search fmg. they did it all right and have done so for quite a while.
and yes some time ago they announced to change to gas for their energy needs. another saving to be had. all this adds to your point 2
i said if ore prices stay on the low side Fmg still make good cash flow re the exact points you made. their timing worked out spot on. re the increased output to reduced price.
fmg have pushed out their dept so it will be some security during a slow down in ore price.
its now down to just the Chinese getting their policy's in order.
basic economics and foresight, page-2
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