FMG 1.93% $21.67 fortescue ltd

Interesting article about the shut down of the the Indian Iron...

  1. 364 Posts.
    Interesting article about the shut down of the the Indian Iron ore industry.

    http://www.ft.com/cms/s/0/c25abe2c-7a94-11e2-9cc2-00144feabdc0.html#axzz2LOR5U8tk


    "Exports will remain close to zero for at least the next three to four years and potentially for the whole of the coming decade, the trader says."

    Very good news for high prices into the future and FMG!

    Still vastly undervalued!
 
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