FMG 0.46% $21.52 fortescue ltd

Not seeing train weck yet.Claims of waifer thin margins but not...

  1. 529 Posts.
    Not seeing train weck yet.

    Claims of waifer thin margins but not quoted margins.

    Graph put up here recently comparing producers showed still a reasonable margin and I though they were on track for about 87 million tonnes shipped.

    Still seems to me they can pay interest bill and continue to retire debt. Just could be slower than expected.

    I I am missing something about margins ?

 
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