Iron ore price, page-17111

My thoughts for what it's worth are if we can stay in the 9's and preferably the high 9's, when FMG announce their half year profit and Div assuming ore stays around $90 then $12 may be on the cards. The Guinea announcement is the unknown factor in the future share price may have an impact on the share price either way once announced and hopefully it doesn't pull it back. I think we need to hold $9 and hopefully consolidate in the high 9'S to give us a good launch pad when Div is announced. I feel it could be in the range of 60 cents to $1 as FMG may make in the first 6 months what they made for the previous 12 months or more. If they do make that amount in the first 6 months, I would think they would payout more like the 50% and keep some up their sleeve to have a similar end of year div if ore price was to back of in the second half. So my guess is a half year Div of around 80 cents unless they announce a special Div before. All in my opinion only.

Anyone have any predictions on half year Div?.