FMG 1.86% $19.54 fortescue ltd

what happened?, page-43

  1. 3,364 Posts.
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    But ppl can be influenced by posts on HC, human nature after all.

    I have no horse in this race (no holding in Fortescue) but my view for iron ore is not positive. Big supply increases coming online in the next few years combined with a very murky demand side picture... hard to see much joy tbh. Look at what's happened in the coal market with oversupply issues, nasty!

    On the positive side, Aussie producers are at the lower side of the cost curve as has been alluded to.

    DYOR GL.
 
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