FMG 2.07% $21.26 fortescue ltd

metallurgical knowledge = no project, page-62

  1. 616 Posts.
    re: metallurgical knowledge = essential H,
    dont discount people opinions until the cash is in hand - Sackblab and Plough may yet prove to be correct, and likely the end result will be somewhere inbetween.

    l would not trust this report without input from other sources.

    Clearly FMG are trying to show no cost blowouts, but it would not surprise me that they are hiding some expenses, such as not completing the railway as originally planned - it has now been shortened and they will truck part distance. Many would not have noticed that!
 
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