FMG 3.19% $22.62 fortescue ltd

Ten Banger , Definetly has some potential for rerating very...

  1. 510 Posts.

    Ten Banger ,

    Definetly has some potential for rerating very soon.
    Native title now cleared.
    Solomon contracts awarded.
    Financing low risk,US bondholders love the story.
    Portheadland facilities are huge with plenty of room to scale up to the 155 mt pa target
    And there ambition is to be producing 355 mt pa by 2017 .
    If history is anything to go by ,this company is more than capable of acheiving its goals.

    Think we have a bit of time up our sleeves to get set for the ride . Have a good one
 
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