FMG Technical Analysis, page-5228

Pilbara is a remote area so COVID 19 will be dead halfway to Pilbara . under A.F management there will be no shortage of labour and they already have a backup plan.

2020 guidance will remain the same as it is now "Shipments at the upper end of the range of 170 – 175mt."

Reality
There are no new infected COVid 19s in China today. "A total of 41 medical teams, including 3,675 members, will, in turn, leave Wuhan and return to their communities (TP88 translation). Also, China is starting to help Italy now.

I can not see any company on ASX doing better than FMG right now.
Investors are changing their investments from other sectors such as airline, tourism or bank...because of the excellent management teams and the below facts

Facts
Half year highlights
Shipments of 88.6mt, seven per cent higher than 1H19
• Record half year revenue of US$6.5 billion
• C1 cost of US$12.73/wmt, three per cent lower than 1H19
• Underlying EBITDA of US$4.2 billion with an EBITDA margin of 65 per cent
•Net profit after tax of US$2.5 billion
• Net debt of US$0.7 billion, inclusive of US$3.3 billion cash on hand at 31 December 2019
• Fully franked interim dividend of A$0.76 per share
• Completion of towage infrastructure and commencement of towage operations at the Port of Port

In addition:
We have sup rich owner and who likes to defend the SP of FMG
Active BB team
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SP will be over $18 by the end of the year

IMO