FMG 1.62% $21.92 fortescue ltd

Hi Frank Thanks so much for taking the time to explain this to...

  1. 187 Posts.
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    Hi Frank

    Thanks so much for taking the time to explain this to me greatly appreciated.

    Management is strong, I believe in them that's why I invest in FMG. IMO they will save and pay off the entire debt, return another good dividend, and then look at paying cash for another asset( some borrowings) , when right opportunity presents.

    They may find new minerals to mine if their current explorations prove to be significant , thus not needing to acquire a business to become diversified. .

    Thanks again

    Kind regards

    Matt
 
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