FMG 1.26% $18.75 fortescue ltd

Iron ore price, page-191

  1. 27 Posts.
    I dont usually post but on the West African project development point, i actually have direct and personal experience working on trying to get financing /investors for those projects. In your point, I am really curious which ones do you think are going o get developed as a matter of certainty?

    1. Rio/Chinalco's Simandou project - that has now been completely written (it was meant to be the next big project and super low cost).
    2. Sundance's project - well i think we all know where that is right now. Actually that entire belt is not going to get developed, not for a very very long time

    In order for African projects to be developed, it takes more than just iron ore price....
 
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