We will never see iron ore at $80US/T again. To much is going...

We will never see iron ore at $80US/T again. To much is going on.
There is an arms race on at present and countries in our region are arming themselves
and they all need one thing and that is more iron ore.

Its why the iron ore price when it gets low its $95US to $105US but mainly at about $115US/T.
Currency still very low at $0.66US which means massive profits.

FMG has now been able to export another 28 million tonnes through the port which means
we go from 182 million tones a year to 210 million tonnes a year which means bigger profits and bigger dividends
for the next financial year. Then go add all their exporting of FFI products.

Its the biggest cash cow in the ASX. Not to many I know give anything from 50% to 80% of profits to dividends.

We will soon see dividends at $1.30 or more then go add franking credits and I never ever pay any tax due t o all the nice franking credits.

The fools that run towards the exit will be regretting that in two months time as you will be doing for not buying
while its so low. Anything under $22 is a bargain.

I've made your mistake before waiting on to long and then being full of regret.