FMG 1.24% $17.95 fortescue ltd

Iron ore price, page-184

  1. 305 Posts.
    I had to have a bit of a laugh at this part of the report

    "We've had a negative view on prices for a while but they've held up longer than we expected."

    A more honest assessment would be

    " We've had a negative view on prices since 2015 and predicted price to be below 50 for fy17 and fy18"
 
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