FMG 2.80% $25.32 fortescue ltd

Iron ore price, page-109

  1. 3,123 Posts.
    lightbulb Created with Sketch. 998
    This is what one of the shorter posted:

    "Mate i don't post re my FMG shorts on this thread. Too much flack. But am 'as short as' at 6.58av. Massive oversupply is starting to hurt IO prices. Plus Platts chart shows 58% Fe gets a full USD24 LESS per on than 62%!! That's twice what i expected."

    So this is not BS? FMG‘s IO is not Platts 58%, I just proved it‘s more closer to MBIO58P which current Q is less than US$11 difference or 12.8% discount to Platts 62%.

    A BS is a BS, if I see more BS I‘ll call it.

    Got a problem just ignore my post.

    DYOR.

    Frank.
 
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