FMG 1.10% $19.76 fortescue ltd

Iron Ore Price, page-2502

  1. 1,452 Posts.
    Gday mate

    To be honest i dont know much about atlas. One thing i do know is that there ore road trains that deliver it to the ship loader have all but stopped. Up until a week ago there was at least 150 trucks a day heading to port (as they have no rail) and now hardley any. Cant see them up and mining again anytime soon. If spot hits 70 plus it probly be on the cards for them, but you would think once you lay off youre staff and sell off equipment and cease contracts etc that it would be a long process to reboot so to speak.
 
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