FMG 1.47% $17.26 fortescue ltd

Going down, page-104

  1. tpg
    1,735 Posts.
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    from annual presentation "The design and construction of a five million tonne per annum detrital iron ore (DID) plant at Solomon will provide a low-cost, efficient processing solution to supplement our Fortescue Blend"

    To cancel an investment in a "low-cost, efficient processing solution" seems an indicator that they are very short of cash
 
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