FMG 4.36% $20.25 fortescue ltd

Iron ore price, page-11613

  1. 11,472 Posts.
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    Hmmm, well rcman has taken to following you to the gym and recording you?!!

    So not sure how much time he is dedicating to research these days!!

    But if true at $9 per fmg share the $500M free cash flow per annum BEN is achieving at present costs around 550M shares with no pressure on IO Business! Targeting to become a major that will bring in the $200M+ free cash flow per month that significantly diversifies the revenue of the Business.

    No brainer and bad business not to take advantage of this opportunity, imo.
    Last edited by eyeswideopen: 08/04/19
 
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