Agree investor450, the Fe price is only going to hold at worst & trend up to the $130's in the first quarter (from past annualised trends). The shorters will be scrambling because fundamental change has occurred in FMG from a funding, cost and resource viewpoint, so IMHO this will move back towards or just over $6 within the next couple of months. I strongly suspect production will again ramp up to the previously forecast 155mt.
iron ore up again, page-28
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$19.98 |
Change
-0.160(0.79%) |
Mkt cap ! $61.51B | |||
| Open | High | Low | Value | Volume |
| $20.33 | $20.39 | $19.95 | $158.1M | 7.862M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5999 | $19.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.02 | 555 | 1 |
View Market Depth
| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |