make no mistake FMG will reach an annual run rate of 150ish mill...

make no mistake FMG will reach an annual run rate of 150ish mill tonnes per year this year but like all iron ore producers they will be at the mercy of the market prices,so cost will/is the big focus the quicker debt is paid down while prices are reasonable the better FMG's bottom line will be,(stating the obvious)FMG does not sit on its hands like BHP & to a point Rio,they will have all they can produce sold to China because of the relationships that have been built up since the company started, this fact, cost and rapid debt reduction is what will shape FMG's future SP,once your debt ratio is in check iron ore mining is money for jam dig up the dirt put it on a ship bob's your uncle,it doesn't get any easier considering the scale this is done on. GLTA