FMG 1.90% $22.00 fortescue ltd

I think your right farlap,as I write this the 25th ship for the...

  1. 205 Posts.
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    I think your right farlap,as I write this the 25th ship for the month is nearing completion this means 4 million + tonnes for the month hey you do the math and yes we have to schedule in some time to maintain the operation but there is still fat in there for more production, at the moment this business is being taken to the next level,all the right processes are being put in place.This sinpet of info is a bit of the o'l cabby told me that someone told him but I know for a fact BHP are looking across the water and the question is being asked at a high level " what are they doing over there to achieve these load rates",you will see a push at the end of every quarter to maxiumize tonnes my 'educated guess' is 5 million tonnes in the last month of every quarter will be the target this should get FMG to around 55 milion a year, expansion is happening now completion by end of 2011 the only limiting factor will be supply from the mines(cb/cc on line march 2011) watch this space.....
 
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