Iron ore price, page-32162

@street professor, I considered IO above 150 is very very high! Most of us could not imagine a year ago IO being above 150 , but somehow it seems most of us are never happy and we expect IO to keep going higher! I am more than happy if IO stays above 150 till the end of this year and 130 till the end of next year . By that time end of 2022 , FMG will produce 30 million tonnes of higher quality and it will offset any reduction of IO price for the 2023 ! The way I understand the situation is IO price will go up and down and might go up to 250 or down to 100 ! I am confident that we are going to get fat dividend every six months and for this reason I am relaxed and happy with my investment in FMG .