FMG 0.87% $20.32 fortescue ltd

Iron ore price, page-42371

  1. 706 Posts.
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    I look forward to the production report and think that the tonnes sold will be a quarterly and half record.I suspect the realised price will be on the soft side, unfortunately.The whole FFI valuation is obviously impossible to put a number on,but markets do have a habit when bullish ,placing massive valuations on businesses prior to them being profitable.
    So let's hope that occurs ,as it hasn't caught up with the FFI potential yet imo.
    Gordy
 
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