FMG 3.61% $20.10 fortescue ltd

Iron ore price, page-35591

  1. 1,062 Posts.
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    is it? while it is a great ambition and if anyone can do it Twiggy can... This is a long long way down the road.
    What will it cost? how will it compete with low cost producers? what are implications for the FMG balance sheet? what percentage of revenue will it bring?
    All of these and many more questions need to be articulately answered and many more if FMG wants to be a diversified business with reliable revenue streams.
    As it stands Iron ore is there business and I personally am much more interested in the current large project that it is over budget. Iron Bridge.
    FFI is in its infancy.
 
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