FMG 3.61% $20.10 fortescue ltd

Iron Ore Price, page-5158

  1. 1,228 Posts.
    Still have the debt buyback card up the sleeve. Should see an announcement any day. Too much cash building on the balance sheet. rc and I have estimated current cash around US$2.6 billion. Probably US$2.8 billion by the end of this month if they do nothing and I do not think they will report the Mar qtr result without any action taken on debt.
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