Fair enough. I see MIN adding to its position and I believe tax losses, small port facilities and tenements are worth the bid.
I see MIN adding to its position, and it seems to be pretty synergistic.
All I see with fmg at the moment is the same old same old. I can’t remember the last announcement that made me feel management are taking that next step in their world dominance spark of past.
So, sure maybe a counter TO for ago isn’t the smartest move. But watching Fmg sit on there hands with a low cost and average grade ore happy just to make the average profits whilst the world and companies around them change. Isn’t my idea of smart either.
FMG makes up the majority of my portfolio and I back them, but lately I have been waiting for FMG to do something and not just rely on a positive change in IO price or reduced discount.
just my opinion
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