bp, i agree, long term it would be the best outcome if they could get through this and come out the other end still holding 100% of the whole caboodle.
Goldman have come out today and forecast iron ore to drop another 30%, Funnily enough that would be $1.00 below FMG costs ($39)
imo its a hard call, i sort of do and don't want them to
Iron Ore Price, page-1593
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$18.75 |
Change
-0.240(1.26%) |
Mkt cap ! $57.73B | |||
| Open | High | Low | Value | Volume |
| $18.53 | $18.75 | $18.44 | $216.3M | 11.60M |
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| No. | Vol. | Price($) |
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