FMG 5.53% $20.14 fortescue ltd

new breakeven 28.80 a tonne gearing at 44% getting closer to a...

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    new breakeven 28.80 a tonne

    gearing at 44%

    getting closer to a buy back i reckon

    what a magnificent job they have done - i am sure these analysts will pick some negative somewhere

    but cashflow is all that matters and current cashflow at that, if fe stays where it is they could be debt free. (not preferrred option, some debt and a massive buyback would be better!)
 
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