I love the smell of napalm on Fridays, the shorts are burning to...

I love the smell of napalm on Fridays, the shorts are burning to a crisp.
A strong breakout today
bounce off 7.50 resistance that i called weeks ago, should retest 7.50 again
its a daily moonshot straight up on open then stable flatine in arvo,
The monthly shows a breakout moonshot & charts show a bullrun continuation pattern from the 16 ledge

I correctly called a bullrun up from 16.00 to 17.50 and here it is
should see some resistance at 17.50 then next pivot is the annual highs of 19.50

FMG is valued at $24B on these figures compared to RIO BHP MIN
yes those brokers are very slow to react to such great news from FMG
FMG is a cash making machine, the realised sale prices are near all time highs.
I also called a $5B cash and $4B debt net $1B cash positino a month ago, spot on.
I have also called $7B cash and $3B debt by 31 Dec.

FMG needs to discharge $2B of debt down now, refinance the remaining $2B debt at lower rates at longer maturity with a no early repayment penalty then increase divys to $1.50 ps and aggressively restart the BB programme at any SP.
If that $5B BB starts up strongly again, this could rocket up fast like today.

Guidance for FY21 shipments, C1 costs and capital expenditure remains unchanged.
net cash of US$1.0 billion at 30 September 2020,
compared to net debt of US$0.3 billion at 30 June 2020
Eliwana Mine and Rail project remains US$1.325 -US$1.375 billion with first ore on train scheduled in December 2020.
Cash on hand was US$5.1 billion at 30 September 2020
Cash on Hand of $US2.05B (after Tax & Oct dividend paid),

Burn them shorts BURN!