FMG 0.52% $21.32 fortescue ltd

Iron ore price, page-23121

  1. 174 Posts.
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    Hi Nolan,

    I’ve heard you mention $25 by years end & $40 within 3 years, A number of times now.

    Would you mind elaborating on this mate, as I can’t seem to see that you’ve used any information to back up your claim?

    I get that we have more ore and higher grades coming up, but I don’t see how those alone are going to get us to more than double the share price that we are at now..

    Please forgive me for saying this, especially if I’m wrong, but I get the feeling you’re cherry-picking other posters research and opinions, changing them slightly, putting them on steroids, and then claiming them as your own.

    Truth be told, I’d be stoked if you were right. More profits for all of us . It’s just that I’m not seeing you provide anything to back up your claims.

    I intend absolutely no insult mate, just seeking some more info.
 
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