peaceAKKI
In simple terms you are looking at less than 10 Billion and that mate is in a world where in a lot of countries interest rate is close to zero and making money is difficult.
Take a look at the total amount of ore FMG exported last year and divide that number into what FMS has and include what is not counted. We aren't even thinking about the Canegrass thing which long term could be bigger than our main interest
Not only that but in a location where there are possible two rail lines close by. The Pilberra is full of one way rail lines. Anyone who creates a parallel line creates a continuous conveyor belt with trains possible every ten minutes.
Guys stop thinking small and short term.
(1 billion multiplied by 100) minus 10 billion equals 990 billion minus costs
Divide that by the number of shares is $55
Now I know this is over simplistic but our mate Viktor knows what I am talking about. We are being mickey finned. What was the name of that judge.
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