FMG 1.17% $17.73 fortescue ltd

Itchy Trigger Finger, page-44

  1. 33,240 Posts.
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    no kculovad...i need $5 next week to make up for time lost and hair lost.

    This is what does not make sense to me, QAN rallies hard because there going to turn around and make a profit.......finally, and all due to fuel savings of about $400-$500mil

    Bunker fuels dropped $1.50/t, Diesel TGP is about another $0.20-$0.30 saving per tonne

    So if FMG are shipping 160/mtpa that's about $300 mil saving on fuel, almost inline with QAN why aren't the ironers rallying as QAN ???
 
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