FMG 2.82% $20.02 fortescue ltd

Please , give us all a break regarding the 'boom is bust' !! I'm...

  1. 300 Posts.
    Please , give us all a break regarding the 'boom is bust' !! I'm very blessed to have had a thirty year career in aviation. I spent my first years in aviation flying geologists around the Kimberly region, dropping them off in the middle of nowhere and picking them up several days later. When I picked them up they had bags full of busted rock and the like with big smiles on their faces ..... paid little attention to that then, but in hindsight !! Argyle Diamonds ring a bell in anyone's ears ?? Did the same trips way to the south of Fitzroy Crossing in WA, different geologists ..... same smiles.

    Point being, I regularly fly over the mining areas of WA at 35000 feet (yep, got the dream job flying for the 'flying wallaby') and the holes in the ground are unbelievable. There is mine after mine after mine . The 'flying wallaby' has spent a massive amount of money developing Perth as a main base and has contracts for years to come servicing 'Christmas Creek' etc .

    'Boom over, be buggered it is ....'

    Cheers all

 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
(20min delay)
Last
$20.02
Change
0.550(2.82%)
Mkt cap ! $61.64B
Open High Low Value Volume
$19.72 $20.47 $19.51 $210.5M 10.52M

Buyers (Bids)

No. Vol. Price($)
4 74300 $20.01
 

Sellers (Offers)

Price($) Vol. No.
$20.03 100000 2
View Market Depth
Last trade - 16.10pm 14/10/2024 (20 minute delay) ?
FMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.