Oz Blog News Commentary

Atlas warns on Fortescue

May 17, 2018 - 10:46 -- Admin

The iron ore zombie is back: Who cares about AGO. It’s dead man walking. This is much more significant for FMG as rising fuel and shipping costs greet low grade discounting. For some unknown reason it’s up today, ignoring the warning, but the chart remains bearish: Given we’re heading into the regular mid-year iron ore

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