....HE SHOULD NEVER have boasted about it, for it may have an adverse effect on the Iron Ore price.....
Errrr, kidding aren't you. The Chinese are well aware of how much IO there is in Pilbara and for that matter in the world, the question has never been about the amount of inground resource, more to do with the ability to bring most of these resources to port.
Merely highlighting what FMG potentially has in terms of resources would not make any difference to the IO prices.
We can then safely put you in the camp of the detractors?
fmg claims 1 trillion tonne iron ore resource , page-3
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Last
$22.00 |
Change
0.410(1.90%) |
Mkt cap ! $67.73B | |||
| Open | High | Low | Value | Volume |
| $21.93 | $22.09 | $21.58 | $138.1M | 6.316M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9247 | $21.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.00 | 3521 | 3 |
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| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |