FMG 1.10% $18.88 fortescue ltd

Iron ore price, page-43008

  1. 467 Posts.
    lightbulb Created with Sketch. 190
    Yes and that is the last trade before chinese new year. So things will start back up on around the 7th of February.

    For our family we have thrown off the recent covid restrictions and so flying to Chongqing for the week to be with my wife's family. The only fun part for me is likely when we go to buy the fireworks and start the CNY with a bang.

    Not sure the singaporean exchange may be active by Wednesday.

    But definately feeling better about being above 800rmb. My income is increasing here relative to the Aud so maybe can buy more FMG in the near future.

    The FFI should not affect dividends being paid out as there is plenty of cash from that 10% (profit) given.

    Did anyone know what is the expected cost of production per tonne for Iron Bridge? I was wondering how much profit potentially this could add.



 
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