FMG 0.68% $19.09 fortescue ltd

Iron Ore Price, page-812

  1. 3,510 Posts.
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    Andy

    FMG is a value play at the moment, with strategic investors seriously looking at the long term potential

    Take away the pressure of future loan repayment dates and you are left with a low cost producer catching up quickly to the big 2's cost of production.

    Easier to JV with FMG which is established rather than set up a new mine
 
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