FMG 0.64% $22.48 fortescue ltd

Thank you LDRSo looking at that note, do you agree that they...

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    Thank you LDR

    So looking at that note, do you agree that they have been paid $1 billion for iron ore they have not delivered?

    So it appears that we have moved $1m from debt to a liability account. Presumably not interest bearing so good deal, however, still will come to roost in the future, unless pre payments become common.

    Regards

    Pear
 
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