FMG 1.35% $18.31 fortescue ltd

look carefully at the wording of announcement, page-17

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    China Investment Corp., the nation’s sovereign wealth fund, suspended financing talks with Fortescue until the mining company agrees to make concessions, the Caijing Magazine reported yesterday, citing an unidentified official at the fund.
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    and those concessions the Chinese want are the very same fish hooks which were always going to be a problem, as reported days, if not weeks ago.

    FMG's fall today is in line with BHP and RIO, early yet but ?????????????
 
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