FMG 3.61% $20.10 fortescue ltd

Hi Whisky,I looked at this site yesterday.If the Australian...

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    Hi Whisky,
    I looked at this site yesterday.
    If the Australian media could look here they would see that there is no huge fall in IO price and BHP, RIO, FMG will continue to earn nicely over the coming years.
    The media are panicking over South Flank, but the current IO price is much higher than it was 3 years ago when BHP began the project.
    The Australian miners look even better when you factor in the decline of the AUD.
    I prefer to invest in companies which make money and pay dividends rather than BNPL's that might never pay money to shareholders.
 
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