I'm shaking my head at that one. Look at the level of debt and...

  1. er6n
    1,362 Posts.
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    12/11/14
    10:23
    Post #: 14274700
    I'm shaking my head at that one.

    Look at the level of debt and the revenue they can expect to get
    at this low Iron Ore price.

    Without Twiggy, FMG would be trading under $1!

    Have you been watching what has happened to the other IO miners?
    AGO Price at posting: 22.2¢ Sentiment: Sell Disclosure: Not Held
    BCI Price at posting: 83.0¢ Sentiment: Sell Disclosure: Not Held
    FMG Price at posting: $2.95 Sentiment: Sell Disclosure: Not Held
    MGX Price at posting: 42.0¢ Sentiment: Sell Disclosure: Not Held
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