FMG 1.56% $18.97 fortescue ltd

Everyone was estimating $2-2.30 ex credits before price went...

  1. 499 Posts.
    lightbulb Created with Sketch. 59
    Everyone was estimating $2-2.30 ex credits before price went over 200/t pretty impressive for a half. This puts it way higher than GS estimates. Maybe the extra could cover any cost blow outs in labour and iron bridge. Either that or pay down tom's junk debt.

    Will be an exciting end to August for all the big 3.
    https://hotcopper.com.au/data/attachments/3339/3339686-4bb73d0f4727ebc594e1bad9cd3ea525.jpg
 
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