XMD 0.35% 10,567 s&p/asx midcap 50

The Big Boys, page-249

  1. 16,345 Posts.
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    Pils I've been buying FND fwiiw . There's a determined seller in there who just keeps loading up but the facts are that they'll have their debt paid off within 2 years and have free cash flow after that from a big resource with a cheap cost base.

    With stocks like this I know it can go lower ,I know copper has been in the doghouse ,I know the stock itself has taken a long time to get all their issues sorted in the remote part of the world that they are ,but I defy anyone to look at the fundamental picture over the next decade and not come to the conclusion that they're going to be creaming it whatever the copper price does.
 
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