$21. ASX - Day Trading. Target our investor community with our suite of Hotcopper Advertising. Created with Sketch. Long term holders are happy holders. FMG share price is up 40c to 85. 02 cents FMG Price at posting: $19. C1,interest, depreciation) Net Profit: USD$3. 47 Sentiment: Buy Disclosure: Held. FMG has shown lows at 19. Pump and dump , taking elder aussies hardearned dollars for a rideTomboy going Cuckoo, page-10094. Sovereign Metals (ASX:SVM) is a WA based, Malawi-focused rutile minerals sands explorer, sitting on potentially the largest rutile deposit on earth. They've already highlighted that there's substantial interest in their product. 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. 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. 00. Market Cap $77. Last updated 15. 21. 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: $21. 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. 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. Latest Posts. FMG has shown lows at 19. Danny Goeman Director of Sales and Marketing Mr. 00 and 80 cents next dividend in September, FMG is a dividend machine with the iron ore price at $130. Last year it was 14. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. The only way to make money on FMG is to buy at lows and hold long and sell at tops like I did 2. Join the HotCopper ASX share market forum today for free. Minus shipping & Moisture, our profit per tonne is $75. 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. I dont think this has anything to do with the H gas furphy. Forums. 5¢. Breaking news from Sydney, Australia and the world. Created with Sketch. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. 35% $21. . HotCopper does not endorse, approve or have responsibility for any offer or statements made and is not a publisher or have editorial influence for any research provider. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. In June, FMG announced a partnership with Liebherr for the development and supply of green mining haul trucks for integration with the “zero emissions power system” technologies being developed by FFI and WAE. Become a member of Australia's largest investment discussion forum. Every time I watch Andrew talking about green hydrogen, I become more motivated to invest more in FMG . 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. There is basis for considering charts of international market indices and some commodities that relate to global economic conditions, because FMG is a globally recognised iron ore miner impacted by trends in global indices and some commodities. 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. 4 iron ore miner, had started laying off more than 100. If it wasn’t for the amazing dividends I would have had to sell my home. FMG has shown lows at 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. FMG are already seeing strong demand for their high-grade magnetite product. . 00 and 80 cents next dividend in September, FMG is a dividend machine with the iron ore price at $130. FMG Price at posting: $20. 97%) Mkt cap ! $64. FMG sells a commodity. share. If your superannuation fund owns the shares then you pay a 15% tax rate or recieve $4. DSX. Last updated 15. If AF or FMG want to corner the rare earths market they have been terrible at it imho. 30 FORTESCUE METALS GROUP LTD - Discussion. Nominees = FMG Nominees/Bank Deposit Holdings. 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. 81. , page-9972. 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. FORTESCUE'S GROUP. Share. 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. Charts. FMG has broken up out of a pennant pattern which suggests higher prices ahead. I dont think this has anything to do with the H gas furphy. sept 22 (reuters) - fortescue () : will announce that from this financial year onwards it will no longer buy carbon offsets ; all funds allocated to carbon offsets will be diverted to fortescue's decarbonisation plan to achieve real zero by 2030FMG has shown lows at 19. FMG is currently redlining both MFI (around 90) and RSI (around 80), that's some pretty rare air up there. 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. 3 million ($509. 58 per share, up 103%. Fortescue Metals Group Ltd (FMG) is an ASX listed company which is into exploration, development, production, processing and sale of iron ore, and the transition to a global green renewables and resources Company through the activites of FFI. 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. 75/. 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. PPI inflation figures are out tonight and the Fed’s next. 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. I dont think this has anything to do with the H gas furphy. View daily, weekly or monthly formats back to when Fortescue Metals Group Limited stock was issued. 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. Literally one of the best moves I’ve ever made financially. I dont think this has anything to do with the H gas furphy. 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. 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. 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. Created with Sketch. FMG has shown lows at 19. You got 100c divys but lost 370c of capital, NUTS. Click for more information. Share (Updates with detail on job cuts, results) March 10 (Reuters) - Australia's Fortescue Metals Group () is cutting a "few hundred" jobs as part of its efforts to maintain cost position, a person familiar with the matter told Reuters on Friday. The. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins &. ASX - By Stock. 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. 70 on 31 October, not far away from this date now. Add FMG (ASX) to my watchlist (20min delay). 8. 00 a ton for 62% iron ore. Here's a few points to contemplate 1. 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. Among Australia's top three miners, both Rio Tinto and Fortescue Metals Group (FMG) cut their shipments to China, according to the survey. 200 metre strike, 100 metres wide and 40 metres deep and that's being generous. 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. 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 have been watching fmg closely since its share price was $6 dollars before its latest run, which i think is coming to a end. 82. Last updated 15. 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. Last updated 12. ASX - General. 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. Latest Posts. I hope u get better results than FMG. I dont think this has anything to do with the H gas furphy. A 2 million ton deposit at best. In January, the company said the project was set to begin production at the end of the March quarter. So, if the iron ore price averages USD$150 a tonne over the coming 4th Quarter, I reckon an average received price of USD$110 a tonne is pretty spot on. FMG has shown lows at 19. FMG has shown lows at 19. Created with Sketch. 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. 21 Directors & Senior Management Ms. 1. 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. 2. . SHORTS are BURNING today but looking to turn the tables yet again as global equities & macro factors weigh in soon. Target our investor community with our suite of Hotcopper Advertising opportunities. When demand drops the IO price will fall significantly and FMG will crash. $21. 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. The project was acquired from an affiliate of controversial Nikola. Forums. Rio Tinto (RIO) is asking train drivers working in mineral-rich Western Australia to work more hours, following a move by rival BHP Group, as miners rush. 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. , page-2. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. That means investors participating fully in the plan will. 08: $20. 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. Forums. 67c. And AFs takeovers of Noront and MCR also have NO MILLS or processing plants either involving $1B in capex and MCR has low spec Ni ore that BHP have refused to take but AF has a 76% stake in it now. ASX - By Stock. 22 FORTESCUE METALS GROUP LTD - Discussion. FMG has shown lows at 19. 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. ASX - Day TradingRead the Full Article on The Market Herald here, page-2. 70 after a positive iron ore price report. FMG has signed up over 50 countries for his green hydrogen. And if you've got 100,000 FMG shares you're probably not worried about paying for each pizza! that's my . FMG will be fine. I dont think this has anything to do with the H gas furphy. It is a price taker with no moat. 21 final dividend. FMG has shown lows at 19. Sentiment for Fortescue Metals Group Ltd is 13. But then this needs to be converted to dmt and for the fact that FMG iron is lower than 62%. FMG will be stretched to continue with the generous dividends of the recent past. 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. HotCopper has news, discussion, prices and market data on FORTESCUE METALS GROUP LTD. This would give me a base case. Ian Wells Ms. I guess they try to short it down a bit to collect more cheaper shares for dividends. FMG is now a trading stock zigzagging around between 19-23 used to be a zigzag trading stock from 2 to 7 between 2009-2019 for 10 years The massive gains 2003-2008 & Jan 2019 -Jan 2021 are DONEFMG has shown lows at 19. Yes 7. FMG has shown lows at 19. 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. SYDNEY, Feb 9 (Reuters) - Fortescue Metals Group () is looking to cut up to 1,000 jobs across its back office and clean energy unit as part of a cost-cutting exercise, The Australian reported on Thursday, less than week before Fortescue reports half-yearly results. 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. 59pm 21/11/2023 ? HotCopper has news, discussion, prices and market data on FORTESCUE METALS GROUP LTD. Volume. it will be a stampede show of a race to 35, 40 dollars per share. 90 Does this sound correct? I image the two variables in this would be Royalty (if iron ore prices drop royalty drops) and By the Hotcopper 'gurus' always think they know better. FMG have highlighted in previous announcements that they're aiming to hit their first target of approximately just under 1mt by mid year. FMG will be stretched to continue with the generous dividends of the recent past. Share WEEKLY: China's iron ore port stocks shrink to 114 mln t Source: Mysteel Sep 28, 2023 Imported Iron Ore Inventory Imported iron ore stocks piled at the 45 Chinese major ports included in Mysteel's regular survey had reduced for the fourth straight week to 113. I dont think this has anything to do with the H gas furphy. 10 ~ $1. I dont think this has anything to do with the H gas furphy. Created with Sketch. FMG has shown lows at 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. Shares in the world's fourth largest iron ore miner fell 4. , page-158. However, there are rallies occurring at shorter timeframes. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. The only reason it is 'quality' is the IO price has been far above the long term average due to Chinese demand. ASX - Short Term Trading. FMG has shown lows at 19. FMG has signed up over 50 countries for his green hydrogen. A cash cow in recent years and with iron bridge having started up a massive positive to the company. it will be a stampede show of a race to 35, 40 dollars per share. 65B. FMG is a very well run company with small debt and extremely low cost producer which is a huge positive in this industry. FMG share price is up 40c to 85. 60 to 5. FMG may well be worried about China cutting us off so start planning for that and start making steel here which would be great. . Aug 31 (Reuters) - Fortescue Metals Group Ltd (FMG) : DEPARTURE OF FORTESCUE METALS CHIEF FINANCIAL OFFICER (CFO), CHRISTINE MORRIS. Check out the latest news, insights and unique analysis brought to you by Stockhead's team of business journalists and industry experts on Fortescue Metals Group. There has always been caution or suspicion that there would be a cash drag funding FFI development beyond the 10% of FMG profits already signalled to the market. 0. FMG has shown lows at 19. I dont think this has anything to do with the H gas furphy. Add FMG (ASX) to my watchlist (20min delay). Created with Sketch. . Nov 29 (Reuters) - Australia's Fortescue Metals Group (FMG) said on Tuesday Fiona Hick will be appointed as chief executive officer in February 2023. "people are suffering in the world" looks like our little guy is crying from inside, guys and gals I have a huge home loan (yes I took loan which I cannot afford) I am short please stop buying this goddamn share. FMG receives a discount (currently 15%) off the "62% Fe spot price". Get all the latest Australian and National Stock Exchange company announcements - membership is free. Share. 22 FORTESCUE METALS GROUP LTD - Discussion. 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 Look at that longterm indicator, its pointing to 50 dollars and beyond. FMG has shown lows at 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. Join the HotCopper ASX share market forum today for free. 18 by $0. FMG has shown lows at 19. . 04/11/21. 70, 4. I dont think this has anything to do with the H gas furphy. (ASX:FMG) Company Profile. . The only way to make money on FMG is to buy at lows and hold long and sell at tops like I did 2. When demand drops the IO price will fall significantly and FMG will crash. "The best way to achieve carbon neutrality is to eliminate diesel," Ms Gaines says during a tour of. FMG has shown lows at 19. 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 !). 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. Iron Bridge commissioning on the way and we have identified 5 projects (FFI) to concentrate on , which will be announced this year . 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 is currently redlining both MFI (around 90) and RSI (around 80), that's some pretty rare air up there. How the ASX-listed miner got to its place as a global player is a lesson in persistence, riding cycles and clinging on. 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. Fortescue has revealed shares issued under its dividend reinvestment plan will be priced at $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. 30000. FMG has shown lows at 19. FMG is currently redlining both MFI (around 90) and RSI (around 80), that's some pretty rare air up there. Add FMG (ASX) to my watchlist (20min delay) Last $20. AX stock on Yahoo Finance. FMG has shown lows at 19. From about 10% when times are good to up to 40% last crunch cycle. Fortescue looks like failing, it might be finished and the fate of FMG now looks up in the air. FMG has shown lows at 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. 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. Created with Sketch. 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. Join the HotCopper ASX share market forum today for free. I dont think this has anything to do with the H gas furphy. Jimmy had better be good May 19, 2023 – 11. 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. 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 very low currency is great news for our exporters. 37. 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 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. FMG has shown lows at 19. FMG paid for 2/3 of my buy price in divs so far and the next 3 divs will see my paid shares completely paid for. 60. This FMG technical thread doesn’t have to be just about the FMG chart. Dividend will be 5 dollars per year. A very low currency is great news for our exporters. Gainers & Losers. 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. Discover historical prices for FMG. 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. FMG shares appear to be in a long-term bearish trend confirmed by a falling 200-day moving average. FMG has shown lows at 19. HotCopper | 1,390 followers on LinkedIn. 1B + FFI expenditure Where's it coming from - more debt? because although IOP has improved it won't be sufficient to cover cash outflowsMr Wells is one of FMG’s longest-serving senior bosses, joining the group in 2010 as FMG was experiencing growing pains. , page-9965. 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. Feb 7 (Reuters) - Fortescue Metals Group Ltd (FMG) : AFRICAN RAINBOW ENERGY AND FFI WILL NEGOTIATE THE TERMS OF A BINDING JOINT DEVELOPMENT AGREEMENT. Share (Adds background, further details, shares) April 24 (Reuters) - Fortescue Metals Group () on Monday posted better-than-expected iron ore shipments in the March quarter, little changed from a year earlier, however its cash costs jumped 12% during the period. AUD Tax Payable (@30%): AUD$1. So say the FMG share price after going ex dividend and before the next dividend in 2022 gets back to $21 your FMG 10,000 parcel of shares that you bought for $2. I dont think this has anything to do with the H gas furphy. Never thought that one day FMG sells power to Total. @Trade4Profit88. FMG have highlighted in previous announcements that they're aiming to hit their first target of approximately just under 1mt by mid year. Join the HotCopper ASX share market forum today for free. 75 cents) Unfranked dividend was $1. 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. 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. he tell me stock FMG too high. 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. Click for more information. 52. 22% more bullish than other Basic Materials sector stocks. He would also like the cash. 32% $25. 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. Wrong again buddy, these FMG shareholders are bank nominee companies and identically the same corporate entities as that in FMG, so those bank investment units and their FMG nominee clients are using the very same trading companies to buy into POS and their. I dont think this has anything to do with the H gas furphy. Forums. 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. I dont think this has anything to do with the H gas furphy. FMG is the best company Australian. FMG is currently redlining both MFI (around 90) and RSI (around 80), that's some pretty rare air up there. I dont think this has anything to do with the H gas furphy. . 70 is $145/tonne, a $100 margin over C1. 42382. Unfortunately I sold some in panic at the beginning of covid and could never get back in. 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. Oct 13 (Reuters) - Fortescue Metals Group Ltd (FMG) : FORTESCUE GREEN HYDROGEN PROJECT SELECTED BY US DEPARTMENT OF ENERGY TO DEVELOP PACIFIC NORTHWEST. 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. Its all good. They are no different to farmers who have no control over the weather or the price they will receive for their crops. 06 FORTESCUE METALS GROUP LTD - Discussion. I dont think this has anything to do with the H gas furphy. 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. That is 50 more than his. 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. . $21. . FMG has shown lows at 19. 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. I think there is a couple of good reasons why FMG has higher prices than even 2021. As of 2015, HotCopper was in the top 170 websites in Australia and was. FMG. Market . 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. BULL TRAP still in play imhoFMG is currently redlining both MFI (around 90) and RSI (around 80), that's some pretty rare air up there. FMG is currently redlining both MFI (around 90) and RSI (around 80), that's some pretty rare air up there. 72 and if 80% of profits are paid out as dividends, we can expect annual dividends of approximately $3. FMG has shown lows at 19. Coincidently, a 30% premium over todays $111. . Latest Posts. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. 08 million) buyout bid from Wyloo Metals, owned by Australian mining magnate Andrew Forrest. Julie. FMG is currently redlining both MFI (around 90) and RSI (around 80), that's some pretty rare air up there. I dont think this has anything to do with the H gas furphy. Fortescue Metals Group Limited (ASX:FMG) posted its quarterly earnings results on Wednesday, February, 20th. I dont think this has anything to do with the H gas furphy. . 8 dry/ 15. HotCopper has news, discussion, prices and market data on FORTESCUE METALS GROUP LTD. 0. wants to ask tomboy to become new. 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.