I remember clear as day all the "expert" comments on this forum & in the media that FMG would never make past the first hurdle. The reason:
HIGH IRON ORE PRICES WERE UNSUSTAINABLE!!!
That was in 2004/5 .. now 3 years on and the so-called "high" iron ore prices seem CHEAP by todays standard.
So we have every second "expert" coming out with his 2 cents worth on the fertiliser bubble!
When will they ever learn. Behind IPL, RWD & MAK are the two genuine leading stock to get on for the next leg. Enjoy the other specs, but these two are a MUST HAVE!!
cheers
chinese export tax for rp, page-15
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