FMG 0.45% $22.10 fortescue ltd

Iron ore price, page-8437

  1. 15,454 Posts.
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    That said - IO will still be above $70 after 4% drop taken into account and discounts are narrowing so FMG is still in a good place IMO .... especially if you go back a few years when IO was in the $40's and $50's and we had ~$12bn in debt - sure the discounts weren't as harsh back then but we made it through then and we will do very well this quarter me thinks !

    GLTAH
 
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