FMG 2.89% $16.82 fortescue ltd

With Iron Ore now at $110 a tonne ($100 for 58% Fe contnet) ,...

  1. 2,115 Posts.
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    With Iron Ore now at $110 a tonne ($100 for 58% Fe contnet) , the AUD/U.S at 69c and with approx 7 million tonnes exported in the next 2 weeks - FMG will make PROFIT in these last 2 weeks of the financial year of AUD$600 Million.

    It is truly mind boggling the amount of cash profit this company is currently generating!!!!!
 
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$16.82
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