FMG 1.10% $19.76 fortescue ltd

Well take this extract from Goldman's research for example.You...

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    Well take this extract from Goldman's research for example.

    You can see their forward price assumption for IO in subsequent years that eventually flows down to earnings per share forecasts in the bottom panel.

    What the forward pricing curve is telling you is those price assumptions in the red box need to increase.... and if that increases... the bottom red box also....

    https://hotcopper.com.au/data/attachments/6019/6019301-67b7bf024b07a5d0deab2ca87e1412c4.jpg

 
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