Users share their opinions, charts, and speculations on FMG's future and its relation to RIO and gas. FMG has shown lows at 19. 50 ( mainly due to high shipping costs ) is my main consideration for this lower estimate. Latest Posts. 5 This gives a FMG break even price (62% Fe dmt) of US$84. FMG is currently redlining both MFI (around 90) and RSI (around 80), that's some pretty rare air up there. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. . Dividends take care all bills. 65% has a ~15% premium over 62%, expect ~30% premium over 62% for our product. Relative to the other Pilbara majors it just doesnt have the same depth of inventory. FMG have misrepresented and obfuscated announcements in the past way back in 2007 when the CB screenhouse "planned frame bolt retentioning works" which was embellishment of bolts being replaced due to green riggers from the screenhouse conny using bolts that had already been rattled and removed due to more green riggers and. I dont think this has anything to do with the H gas furphy. (ASX:CCO) breaks new ground in Australian retail with Kava shots to launch in Coles from January 2024. I dont think this has anything to do with the H gas furphy. 872% on them tmrw earning $17. FMG has shown lows at 19. Volume. While we always enjoy the rising share price in the companies we invest in, today is day one of the calculation of the reinvestment price. As mentioned in earlier post there's a chance the squeeze continues into opex tomorrow but bulls would probably like to see a pullback as it's not healthy to be ripping at such pace. As mentioned in earlier post there's a chance the squeeze continues into opex tomorrow but bulls would probably like to see a pullback as it's not healthy to be ripping at such pace. FMG will be stretched to continue with the generous dividends of the recent past. FMG has shown lows at 19. FMG has shown lows at 19. HotCopper has news, discussion, prices and market data on FORTESCUE METALS GROUP LTD. We are Fortescue. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. $17. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. . 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. Those who think trading is the answer to riches are found prices out and or paying todays price to get set in again. 10 ~ $1. But then this needs to be converted to dmt and for the fact that FMG iron is lower than 62%. The cuts will be across Fortescue Future Industries, a clean energy. 2%. , page-158. That is 50 more than his. when fmg was $6 a share all options traded at a very nice premium and continued to do so for some time. . This is bullish and means that investors see opportunity in this stock. 04/11/21. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. 49 Sentiment: Buy Disclosure: Held21. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. I dont think this has anything to do with the H gas furphy. Charts. I dont think this has anything to do with the H gas furphy. 14%. FMG has shown lows at 19. Hi Samboy, As pointed out, FMG was ex dividend yesterday by 25 cents (fully franked). Specifically, Rio Tinto's shipping volume reversed from the prior week's growth and dropped by a marked 682,000 tonnes or 12. But FMG cant or wont do battery plants or mills or EV commodities in Australia like Li Ni Co Mn, LOL. Fortescue Metals Group Limited (ASX:FMG) posted its quarterly earnings results on Wednesday, February, 20th. With over 700,000 unique monthly visitors posting more than 9,000 posts a day HotCopper is Australia's largest stock market discussion. I dont think this has anything to do with the H gas furphy. Allkem’s trip from HotCopper tiddler to $16b lithium major. FMG and IPL commencing front end engineering design for conversion of Gibson Island to green hydrogenI invite tweetr fund manager to sauna. However, there are rallies occurring at shorter. 10 $17. $21. . FMG has shown lows at 19. Share (Adds details of decarbonisation in paragraphs 2-6) Sept 22 (Reuters) - Australia's Fortescue () said on Friday it will divert funds that were allocated to carbon offsets towards decarbonisation in a bid to achieve "Real Zero" by 2030. A 2 million ton deposit at best. Mr Wells is one of FMG’s longest-serving senior bosses, joining the group in 2010 as FMG was experiencing growing pains. Created with Sketch. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. FMG is currently redlining both MFI (around 90) and RSI (around 80), that's some pretty rare air up there. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. As mentioned in earlier post there's a chance the squeeze continues into opex tomorrow but bulls would probably like to see a pullback as it's not healthy to be ripping at such pace. Interesting report found on hotcopper thread including the following table. Created with Sketch. . I dont think this has anything to do with the H gas furphy. 08% $25. The western economies are going into recessions but WA is BOOMING. FMG has shown lows at 19. 50-6. The only reason it is 'quality' is the IO price has been far above the long term average due to Chinese demand. The latest appointment follows a string of top management departures at Fortescue, with at. Renewable energy is likely to eventually overtake Fortescue Metals Group's () iron ore business, despite strong tailwinds for the commodity ahead, the company's former chief executive officer Elizabeth Gaines said at Davos. 04B: Open: High: Low: Value: Volume: $21. I dont think this has anything to do with the H gas furphy. FMG share of 69%, = 13. In case you haven't been following the news he has been systematically dismantling corporate capitalism and cooling the property market for the past 2-3 years. Advertise on HotCopper. ASX - Short Term Trading. Access the latest research articles and market investment insight for FORTESCUE METALS GROUP LTD seamlessly. , page-9972. 9% on week to 14. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. Right now the question is where will FMG bottom out, 4. Share Utah Saints. 295859. FMG Price at posting:. STN Saturn Metals reports high-grade gold intersections and visible gold at Apollo Hill, WAFMG will be fine. price is not. Latest Posts. March 30 (Reuters) - Fortescue Future Industries: FFI & STATKRAFT SECURE POWER FOR PROPOSED HOLMANESET GREEN HYDROGEN AND GREEN AMMONIA PROJECT IN DEAL,. ASX - Day Trading. I dont think this has anything to do with the H gas furphy. ASX - By Stock. Does anyone know what the official Record date is for the upcoming Dividend?FMG has shown lows at 19. Fortescue Metals Group has taken the next step in its bid to challenge BHP Billiton’s domination of towage services at Port Hedland, ordering six tugboats, to be built at a Vietnamese shipyard. . FMG has shown lows at 19. 00 to $140. FMG has shown lows at 19. clock. I dont think this has anything to do with the H gas furphy. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. Coincidently, a 30% premium over todays $111. Yes 7. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. At a tax rate of 30%, an exchange rate of 0. FMG is currently redlining both MFI (around 90) and RSI (around 80), that's some pretty rare air up there. FMG has shown lows at 19. . 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. HotCopper has news, discussion, prices and market data on FORTESCUE METALS GROUP LTD. I dont think this has anything to do with the H gas furphy. Nonetheless, he is the latest in a string of executive departures at FMG that now leave just two of the 11 members of the senior leadership team listed in the company’s 2021 still with the miner. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. However, there are rallies occurring at shorter timeframes. FMG has shown lows at 19. Or convert back to Hydrogen at the other end at around $8/kg for better profitMarch 31 (Reuters) - Fortescue Future Industries APPOINTMENT OF CARLOS LANGE, FORTESCUE FUTURE INDUSTRIES PRESIDENT EUROPE. AUD/USD Exchange Rate: $0. 4 iron ore miner, had started laying off more than 100. I dont think this has anything to do with the H gas furphy. They've already highlighted that there's substantial interest in their product. Created with Sketch. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. Get the latest Fortescue Metals Group Ltd (FMG) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and. FMG receives a discount (currently 15%) off the "62% Fe spot price". Last updated 14. 1. FMG always does about a 15% discount on the iron ore price what ever it is. 00: $21. I say "It $70bn market cap"he laugh, as experience man from hot copper university,. IF FMG to go to $4, there would be a whole heaps of repercussion that would have been to many other things in the world of economic disaster prior to it happening ! And FMG will still survive it (and I and a lot others would buy a long train load of FMG shares !). 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. 70 on 31 October, not far away from this date now. FMG has shown lows at 19. Become a member of Australia's largest investment discussion forum. I guess they try to short it down a bit to collect more cheaper shares for dividends. 08: $20. 70 is $145/tonne, a $100 margin over C1. I thought last night’s US CPI reports were pretty good, with Core CPI most watched by the Fed dropping year on year from 4. Market . AX stock on Yahoo Finance. Would make FMG an even richer company. FMG has shown lows at 19. I dont think this has anything to do with the H gas furphy. 30 % we arrive at Fully Franked dividend of . celebrations. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. @Trade4Profit88. . FMG is currently redlining both MFI (around 90) and RSI (around 80), that's some pretty rare air up there. 60 to 5. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. 65. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. 70 after a positive iron ore price report. However, the country's iron ore shipment to its largest consumer China had slipped for the second consecutive week by another 732,000 tonnes or 4. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. He is a hard core socialist and and rampant nationalist. Chanticleer. 42382. As mentioned in earlier post there's a chance the squeeze continues into opex tomorrow but bulls would probably like to see a pullback as it's not healthy to be ripping at such pace. Its nearly always they pushed down FMG's share price the day before ex-div. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. 3% in August. FMG is a very well run company with small debt and extremely low cost producer which is a huge positive in this industry. 20 years. I dont think this has anything to do with the H gas furphy. DSX. Australia's largest stock trading and investment forum Australia's #1 stock forumFMG has shown lows at 19. FMG has shown lows at 19. Jimmy had better be good May 19, 2023 – 11. MarketFMG has shown lows at 19. Unlike the fake cancer spec. 2. I dont think this has anything to do with the H gas furphy. I dont think this has anything to do with the H gas furphy. Minus shipping & Moisture, our profit per tonne is $75. hubby 16 years on site. Created with Sketch. You didn't tell me - are there any lithium producers (as opposed to explorers, speculators etc) in Australia making a profit?FMG has shown lows at 19. FMG is overpaying substantially at way higher than market rate for these unneeded & unnecessary high yield junk bonds which they have the cash to pay down in full. FMG has shown lows at 19. It is a price taker with no moat. 27. Looks like tommy little boy has gone from resident FMG downramper to international economist in a day after back to back blows. I dont think this has anything to do with the H gas furphy. The only way to make money on FMG is to buy at lows and hold long and sell at tops like I did 2. Its all good. I dont think this has anything to do with the H gas furphy. But what else do you expect from somebody who can't understand miners have virtually no control over their costs or revenue. i base this on the theory that the majority of fmg options are traded by large brokers based on derivative analysis. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. . Latest Posts. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. 68 ish has been some sort of pivot point in last 3 years (when FMG started to gain traction) either towards lower end or move to higher highs, shorters playing with that sentiment, I am pretty sure they are not targeting manual retailers, they are trying to trigger those softwares which is used by big guns, or big guns trying to get you to believe its the. Oct 3, 2016View today’s FMG share price, options, bonds, hybrids and warrants. View daily, weekly or monthly formats back to when Fortescue Metals Group Limited stock was issued. 4% on week to 4. FMG is a very sound company but it has its present day challenges those being sharp increase costs of production which can be broken down to two main factors - increased labor costs and increased fuel costs. HotCopper has news, discussion, prices and market data on FORTESCUE METALS GROUP LTD. it will be a stampede show of a race to 35, 40 dollars per share. 75c. HotCopper has news, discussion, prices and market data on FORTESCUE METALS GROUP LTD. Created with Sketch. 30 FORTESCUE METALS GROUP LTD - Discussion. Sentiment: Buy Disclosure: Held. Rio now is in talk with FMG about green hydrogen/renewable energy. . In AGO captain AF declared it a strategic asset then flipped it for pathetic 25% margin at 4. $0. FMG has shown lows at 19. FMG share price is up 40c to 85. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. 70 after a positive iron ore price report. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. 5¢. Advertise on HotCopper. I dont think this has anything to do with the H gas furphy. FMG has shown lows at 19. FMG has shown lows at 19. FMG may well be worried about China cutting us off so start planning for that and start making steel here which would be great. My call has been 16-19, hit twice around 19. Forums. Update - Dividend/Distribution - FMG. ASX - Day TradingRead the Full Article on The Market Herald here, page-2. 1852682. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. 54pm 20/10/2023 ? Join the HotCopper ASX Stock discussion forum for FORTESCUE METALS GROUP LTD. Target our investor community with our suite of Hotcopper Advertising opportunities. Created with Sketch. As mentioned in earlier post there's a chance the squeeze continues into opex tomorrow but bulls would probably like to see a pullback as it's not healthy to be ripping at such pace. It seems to me that finally the politicians are taking the climate change seriously and they will support any company like FMG very seriously. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. I dont think this has anything to do with the H gas furphy. Fortescue Metals Group(ASX:FMG) Fortescue Metals Group. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. Nov 29 (Reuters) - Australia's Fortescue Metals Group (FMG) said on Tuesday Fiona Hick will be appointed as chief executive officer in February 2023. FMG shares appear to be in a long-term bearish trend confirmed by a falling 200-day moving average. Never thought that one day FMG sells power to Total. 200 metre strike, 100 metres wide and 40 metres deep and that's being generous. Click for. 86 : Change 0. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. Created with Sketch. FMG has shown lows at 19. FMG has shown lows at 19. share. 00 Div = $3. 1st Iron ore prices in 2021 were seen to be high only for a short time and the expectation was by some that the IO price would go back to recent (2015 -2018) lows of around 50 to 60USD per tonne. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. 9 million tonnes by September 28, touching the lowest level since early September 2020. Users share their opinions, charts, and speculations on FMG's future and its relation to. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. Right now the question is where will FMG bottom out, 4. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. 295859. 32% $25. Derek Brown Mr. FMG has shown lows at 19. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. 1 MILLION IN TWO STAGES OVER A. FMG has shown lows at 19. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. Whilst this may take several years to work through, we believe that FMG will be hard pressed to maintain their current cost basis beyond financial 2017-18. FMG has a 72% interest in the project, financing 80% i assume Previously rights were owned by China MEC, lapsed, BHP nearly had a go High C1 costs to start with, until more automation is in place, I assume Volume. FMG has shown lows at 19. With the franking credits attached, all other things being equal, you would expect the share price to have fallen at least 30 cents yesterday, so actual 6 cents drop to $5. 30 or 3. I dont think this has anything to do with the H gas furphy. He would also like the cash. , page-162. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. FMG will be fine. Share. Forums. 30000. 22 FORTESCUE METALS GROUP LTD - Discussion. $21. Market . Created with Sketch. FMG is the best company Australian. 1st Iron ore prices in 2021 were seen to be high only for a short time and the expectation was by some that the IO price would go back to recent (2015 -2018) lows of around 50 to 60USD per tonne. Created with Sketch. 06 FORTESCUE METALS GROUP LTD - Discussion. 5% moisture for dmt, and the grade discount varies a lot over time. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. . FMG revenue of 400,000 tonnes of ammonia should be $300-500 million per year, but margin will be very low, will need green buyers. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. As an FMG shareholder I would prefer to keep any iron ore plays completely separate from lithium plays unless there were overwhelming arguments for synergies between the two plays. FMG has shown lows at 19. 71 franking credits from your FMG Dividend but franking credits from other dividends throughout the year which took your total franking credits above $5K then you would need to satisfy the 45 day rule to claim the FMG franking credits in your example. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. "FMG shares appear to be in a long-term bearish trend confirmed by a falling 200-day moving average. Will smaller Aussie producers replace it? How Will the banks cope with a Fortescue fail?FMG is currently redlining both MFI (around 90) and RSI (around 80), that's some pretty rare air up there. Created with Sketch. FMG 6 months production: 97 million tonnes . 50 as its shown signs of rebounds from 4. 11, equating to $11 billion and an 80% payout of NPAT. 7% in July to 4. 44% and a trailing twelve-month return on equity of 27. 5c ps to Admiral Gina who went on to make $16B from it and making FMG miss out on a whopping $3B in value there while us seamen swam the drink. 00 already but rebounded. Local media reported Fortescue, the world's no. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. Example to determine grossed up for Franking Credit value (Last FMG dividend . FMG have highlighted in previous announcements that they're aiming to hit their first target of approximately just under 1mt by mid year. As mentioned in earlier post there's a chance the squeeze continues into opex tomorrow but bulls would probably like to see a pullback as it's not healthy to be ripping at such pace. Join the HotCopper ASX share market forum today for free. FMG is currently redlining both MFI (around 90) and RSI (around 80), that's some pretty rare air up there. Noting FMG rites are for the commercialisation of the tech for the mining industry and recently stated objective of base power pilot plant at one of it's mining operations and intentions to investigate hydrogen usage by its current cliet list. Update - Dividend/Distribution - FMG. share. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. FMG has shown lows at 19. Something they will collaborate first in Pilbara and my hope is a large money of investment made by Rio to FFI global? Just hope but a good sign in the right direction. Sentiment: Buy Disclosure: Held. Dex FMG Price at posting: $19. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. Created with Sketch. Iron Bridge commissioning on the way and we have identified 5 projects (FFI) to concentrate on , which will be announced this year . He would also like the cash. I dont think this has anything to do with the H gas furphy. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. 00 Div = $3. , page-173. Share. Needless to. 30 but it took 2 years in 2008. 0714 after Franking at company tax rate of . 737 for its upcoming $1. 97%) Mkt cap ! $64. If FMG deposit is so good than why isn't it operating already. FMG has shown lows at 19. Nas and S&P agreed but the DOW didn’t. FMG is the best company Australian. Security on which the Distribution will be paid FMG - ORDINARY FULLY PAID Announcement Type New announcement Date of this announcement 15/2/2023 Distribution Amount AUD 0. Join the HotCopper ASX share market forum today for free. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. I dont think this has anything to do with the H gas furphy. Get all the latest Australian and National Stock Exchange company announcements - membership is free. Beautiful dragonfly doji with long tail and small head today at the 4 month bear run lows after a rounding top pattern formed since September This signals. Sentiment for Fortescue Metals Group Ltd is 13. I dont think this has anything to do with the H gas furphy. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. 30 % we arrive at Fully Franked dividend of . Latest Posts. Today 16:09. Nonetheless, he is the latest in a string of executive departures at FMG that now leave just two of the 11 members of the senior leadership team listed in the company’s 2021 still with the miner. Julie Shuttleworth Chief Executive Officer - Fortescue Future Industries Mr. FMG has shown lows at 19. But FMG cant or wont do battery plants or mills or EV commodities in Australia like Li Ni Co Mn, LOL. FMG is currently redlining both MFI (around 90) and RSI (around 80), that's some pretty rare air up there. , page-9965. i base this on the theory that the majority of fmg options are traded by large brokers based on derivative analysis. I think there is a couple of good reasons why FMG has higher prices than even 2021. price is not. FMG has shown lows at 19. FMG will use its new tugs to compete with BHP’s monopoly on towage services at Port Hedland, the world’s busiest bulk-handling port. FMG are already seeing strong demand for their high-grade magnetite product. 18 wet; C1 costs of 1 Billion USD per year. $21. FMG will follow the crash as it has for a decade now imho. Sept 22 (Reuters) - Australia's Fortescue () said on Friday it will divert funds that were allocated to carbon offsets towards its decarbonization plan in a bid to achieve "Real Zero" by 2030. 22 FORTESCUE METALS GROUP LTD - Discussion. Aug 31 (Reuters) - Fortescue Metals Group Ltd (FMG) : DEPARTURE OF FORTESCUE METALS CHIEF FINANCIAL OFFICER (CFO), CHRISTINE MORRIS. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. I dont think this has anything to do with the H gas furphy. A senior executive at The Market Herald has told staff “I still sleep very well” after the federal government’s Takeovers Panel ruled its major shareholders. FMG is currently redlining both MFI (around 90) and RSI (around 80), that's some pretty rare air up there. 02 cents FMG Price at posting: $19.