FMG 5.53% $20.14 fortescue ltd

Iron ore price, page-6611

  1. 157 Posts.
    lightbulb Created with Sketch. 9
    Fmg a train wreck
    Get your money out soon
    If they get atlas all well and good.. Atlas got lithium , low grade ore, and 1berth leased off the WA gov
    China reducing emissions fast so very soon china wont take 56grade ore.. Only 58-64 raising the bar..
    Where is FMG gonna make up the shortfall in the near term?
    Anyone with half a brain can see the writing on the wall.. FMG going down the gurglar?
    Sure they found gold and have pegged around KRCs mount remarkeable high grade finds.. But in the meantime. .Its a long way further down even though ore set to hit 100$
 
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