FMG 1.20% $21.41 fortescue ltd

How's this bit of cynicism from the author.... "Power imagines...

  1. 305 Posts.
    How's this bit of cynicism from the author....

    "Power imagines that the joint venture under construction will find an easy path through the regulators. He predicts his memorandum of understanding will be a deal done by year's end and that the Vale-Fortescue blend will be in the market soon after. But it is hard to believe it is going to be that simple".

    ....hate to break it to you mate, he's already been working on this for over 12 months and you just found out about it. The ironic thing is that with all the negativity and cynicism that gets heaped fmg way, they have a much better track record than any journo or analyst. I don't know that I've failed to see them deliver once on anything announced publicly.
 
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