FMG 5.04% $17.50 fortescue ltd

I have a contrary view Dan.I think that the FFI is an excellent...

  1. 737 Posts.
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    I have a contrary view Dan.

    I think that the FFI is an excellent diversification and will withstand the test of time,as its very long term.

    Miners buying other smaller miners or large brownfield plays during a market peak has been proven as the worst way to invest.Rio,BHP .
    I do think the other 10% available should go towards exploration for copper/gold and increased metallurgical capability.
    The dividends allow for the holders to spend / invest in any asset they choose,which i like.
    Gordy
 
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