ok-my sentiment has changed since i heard AF as being quoted on future prospects of fmg,the essence is this-the all up production costs are the same low rate as bhp and rio at around $40T,so huge profits can still be made at IO $80,and the chinese urbanization of millions of people into new cities is not only on track,but according to AF,about to explode.these reassuring quotes are from the horse"s mouth so to speak,so all that nonsense from the so called analysts about actual all up costs of $70plus/T,is just a beat up-and who profits from what they say-those on the darkside-the shorters.
if you don"t believe me ,then just have a look at the most recent shortest stocks on the ASX .
the only thing i am trying to do is to stop a panic sell situation.
as far as how low the sp will actually go is totally irrelevant,as supporting the company far exceeds any ambitions of shareholders financial survival.
cheers crazypunter
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