FMG 1.93% $21.67 fortescue ltd

Not true, as this was in 2010, they then reassessed the...

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    Not true, as this was in 2010, they then reassessed the situation and in 2012 after they refinanced, they switched from expansion to debt reduction.

    You will recall that they put the Kings Mine expansion on hold, and only recommenced it after they sorted out their finances.

    They never had, and still do not have the capacity to achieve more than 185.00mt. They would require as a minimum anther 10.0b in capex, which they were mot willing to do, possibly only when their gearing fell to below 30.00%

    Let's reproduce links and articles that are balanced.

    BHP/RIO, also made decisions to ramp up production into a market that is oversupplied, can you post these links, too save me the time
 
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