fmg sp ignores high risks, page-18

Fortesque's stock code on the ASX is FMG not FUD.

Your posts and several others are just FUD. Tollhurst should replace their crystal ball because they can't be certain about anything over that period (nearly 10 years!), let alone what the markets will look like next week.

BTW, those "massive new supplies" you mention, they will significantly reduce the reserves over the next 10 years and unless more is found the price of IO should continue to rise post that 10+ years prediction or at least that is what supply and demand dogma requires.

So, yes, given that the payback for FMG's infrastructure outlay is measured in just a few years (at current production rates, let alone any increases in production), FMG should do quite well.