Iron Ore Price, page-18103

Spot on rcman. For me 25 percent is max though I'd prefer 10-15 as that interest payment can put into dividends or some other initiatives. Fmg has been a remarkable turnaround- for many years it was regarded by brokers to be junk due to mid cash costs and high debt. This is why it is critical that manage my have serious skin in the game - a fall fmg means Forrest suffers while a rise means he becomes a king. Means management will never give up as their interest reflects that of the retailers. At 4dollars I wouldn't have touched fmg but now with certainty in low cost and aggressive debt reduction, this is the best stock of one wants a put io play as it promises further growth but has become increasingly stable. Can anyone see fmg merging in the future?