FMG 3.09% $17.34 fortescue ltd

Iron ore price, page-46801

  1. 3,622 Posts.
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    Thanks @HeliNut,
    Not worried in the slightest, appreciate the support.

    Did anyone catch the Independence Day Narendra Modi Vision for India speech today? He wants India to be a developed nation within 25 yrs and become a global leader in manufacturing.

    Sounds like they might follow much of the China model. Will need to see much of the detail.
    They have some iron ore already, but to drag 1.38billion people that grows at a current rate of 14 million people a year is going to require a lot more.






 
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