FMG 0.93% $22.41 fortescue ltd

Simandou will deliver a bit more than the current BHP Yandi, so...

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    Simandou will deliver a bit more than the current BHP Yandi, so its definitely not going to sink the price of iron ore back to 1970 levels. Most pessimistic people always bring out Simandou when trying to add validity to a falling price. All IMO of course.
 
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