FMG 3.28% $22.64 fortescue ltd

Iron ore price, page-4520

  1. 4,158 Posts.
    lightbulb Created with Sketch. 226
    Ok thanks for that, yes that's certainly interesting and would definately have a material impact on their profitability one would think but what I don't know is if this is seasonal and shipments always drop this time of year but pick up later on to round off to 170 or whether it is abnormal - that's the real question that needs to be answered.

    Also it'd be interesting to know how he came about that info and whether if this is true that FMG would need to disclose this to market or not. Or potentially whether FMG have started directed shipments to other countries as they said they would to expand their customer base so in reality they're still on target to 170.

    Who bloody knows lol.
 
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