Fortescue (FMG.AX)

12563 cyber 1/6 2009 05:01

FMG warns China on iron ore prices...

Fortescue Metals Group chief executive Andrew Forrest said today Chinese steelmakers would be stuck with paying spot prices "for all time" if they didn't accept the benchmark price struck between Rio Tinto and Japan's Nippon Steel.

http://www.theaustralian.news.com.au/business/story/0,,25550710-643,00.html?from=marketwatch_rss

5/6 2009 04:55 cyber 0

12970

BCI: BC Iron seals company-making deal with FMG:

http://www.asx.com.au/asxpdf/20090605/pdf/31hy5bs895p0qm.pdf

Updated Fortescue Presentation - Imponerende:

http://www.fmgl.com.au/IRM/Company/ShowPage.aspx?CPID=1832

FMG stiger 19%

7/6 2009 15:44 cyber 0

13085

Fortescue, emerging players see benefits

Sarah-Jane Tasker and Michael Sainsbury | June 06, 2009

MINING giants Rio Tinto and BHP Billiton's monopoly of the Pilbara under their giant iron ore joint venture could open doors in China for their main rival, Fortescue Metals Group, and emerging players.

Fortescue executive director Graeme Rowley said Fortescue would now become the only alternative, large-volume Australian iron ore supplier following Rio and BHP's plan to merge their iron ore operations.

http://www.theaustralian.news.com.au/business/story/0,,25594209-643,00.html?from=marketwatch_rss

8/6 2009 21:23 Grupo 0

13174

Hej cyber.

Har du aktier i Fortescue?

9/6 2009 00:18 cyber 0

13183

Jeg har aktier i de australske selskaber, jeg har oprettet tråde for her på PI.

9/6 2009 01:02 Grupo 0

13185

Okay, var blot nysgerrig da jeg selv har en lille post i Fortescue. Købt i maj 2008 i kurs 8,90 – kort før nedturen satte ind.

Den var tænkt som en lang position ud fra det potentielle der ser ud til at gemme sig i selskabet:

* Hurtig og effektiv opbygning af et levedygtigt selskab.
* Markant eksponering i Pilbara området (71.400 km2).
* ”The New Force in Iron Ore” – særdeles god markedsføring, især at de forstår at adskille sig fra de 3 øvrige store i branchen -
* Ambitiøs ekspansion plan for de næste 54 måneder; ”The Heng Shan Project 55 to 95 to 155 mtpa”

Den skal kursmæssigt nok komme retur når verdensøkonomien igen boomer!

En anden australsk aktie jeg har i porten er Gujarat Nre Minerals Ltd. (GNM.AX):

http://www.asx.com.au/asx/research/companyInfo.do?by=asxCode&asxCode=GNM

9/6 2009 01:20 cyber 0

13187

Hej Grupo

Har lige googlet Gujarat Resourcer til dansk, så kan jeg tjekke firmaet ved lejlighed.

http://translate.google.com/translate?js=n&prev=_t&hl=da&ie=UTF-8&u=http%3A%2F%2Fwww.gujaratnre.com.au%2Fresources.html&sl=en&tl=da&history_state0=

9/6 2009 01:31 Grupo 0

13189

De (Gujarat) har lige afgivet et tilbud til aktionærerne i et andet australsk selskab: http://www.reyresources.com/

Ser ud til at selskabet har midlerne og viljen til at udnytte finanskrisen til interessante opkøb.

"Stødte" i øvrigt ind i selskabet da jeg hørte de havde indgået aftaler med D/S Norden omkring transport af kul.

9/6 2009 01:44 Grupo 0

13192

...og lige lidt FMG.AX opdatering:

ANDREW Forrest and his Fortescue Metals Group (FMG) seem to have fulfilled their ambition to become the new force in the Pilbara -- in every sense of the term -- if the deal done with BC Iron (BCI) is any guide.

Se - http://www.theaustralian.news.com.au/business/story/0,28124,25600833-5018022,00.html

9/6 2009 04:40 cyber 0

13194

Gjern, Grupo og Cyber - 3 "australiere" på PI

Er der flere?

9/6 2009 10:31 Grupo 0

13206

Ved ikke om du kender dette tyske forum, som også følger Fortescue tæt;

http://www.wallstreet-online.de/diskussion/1121931-611-620/fortescue-metals-australiens-beste-aktie#neuster_beitrag

9/6 2009 10:33 Grupo 0

13207

...og deres Australien site:

http://www.wallstreet-online.de/forum/50-1-50/australien

9/6 2009 13:52 cyber 0

13222

Tak for links Grupo, jeg vil gemme dem i min samling

10/6 2009 10:01 Grupo 0

13288

Lige et link mere:

http://www.aussiestockforums.com/forums/showthread.php?t=1935&pp=20&page=102

10/6 2009 13:27 cyber 0

13300

There are a lot of re-ratings on base-metal players based on this BHP deal (with Rio)

You're also seeing all these smaller iron ore miners really becoming targets for the Chinese because the Chinalco deal has fallen through and China wants to secure some long-term iron ore pricing power.

http://www.theaustralian.news.com.au/business/story/0,28124,25615762-643,00.html

11/6 2009 04:32 cyber 0

13366

Stiger pt med 14%

http://finance.yahoo.com/q?s=FMG.AX

11/6 2009 05:04 cyber 0

13367

Nu oppe med 20%, håber det holder, mens jeg tager mig en lur...

11/6 2009 09:08 Grupo 0

13369

Noget af en stigning de sidste par børsdage. Men selskabets potentiale er vel også enormt, såfremt kineserne ser sig sure på Rio Tin og derfor velvilligt vil arbejde for at Fortescue bliver et særdeles stærkt alternativ.

Pt. op med 18%

- efter følgende kursudvikling de sidste 3 børsdage:

5/6 +13,57%
9/6 -2,2%
10/6 +15,43%

"The New Force in Iron Ore" is finally bouncing back!

24/6 2009 04:09 cyber 0

14144

Fortescue ser på nye havne muligheder.

24 juni, 2009 - The Australian

Fortescue og Aquila Ressources vil undersøge mulighederne for udvikling af en anden jernmalm havn i Western Australia's Pilbara region, mens Fortescue fortsætter sit krav om at få adgang til de private jernbaner som ejes af Rio Tinto og BHP Billiton.

http://www.theaustralian.news.com.au/business/story/0,28124,25680916-643,00.html

30/7 2009 04:50 cyber 0

16028

Det er et JV med kinesiske Baosteel

http://www.fmgl.com.au//irm/Company/ShowPage.aspx?CPID=1878&EID=10000000

10/8 2009 13:46 cyber 0

16538

Fortescue Metals Group has posted a full-year profit, turning around from a loss in the previous year.

August 10, 2009

Net profit for the year ended June 30 was $US508.04 million ($609.45 million), compared to a loss of $US771.77 million previously.

http://www.theaustralian.news.com.au/business/story/0,28124,25908635-643,00.html

12/8 2009 09:51 Grupo 0

16629

China's CIC eyes $1 bln funding in Australian miner:

http://www.reuters.com/article/marketsNews/idCAPEK3659820090811?rpc=44

13/8 2009 15:18 Grupo 0

16718

TRADING HALT i Fortescue.

http://www.asx.com.au/asxpdf/20090813/pdf/31k2j1lf3pkg2k.pdf

Spændende at se hvad det er for en melding der kommer..., måske denne:

"Elsewhere China Investment Corp (CIC), China's $200 billion sovereign wealth fund, is in advanced talks with Fortescue Metals (FMG.AX) to strike a $1 billion-plus convertible bond deal to help Australia's third largest iron ore miner expand."
(kilde: www.reuters.com)

14/8 2009 05:14 cyber 0

16771

Matt Chambers | August 14, 2009

Speculation swirls of $1bn in Chinese funding

ANDREW Forrest's Fortescue Metals Group has gone into a trading halt amid speculation it is about to land a Chinese funding deal to help it increase West Australian iron ore mine ouput to nearly 95 million tonnes a year.

Mr Forrest has been spending a lot of time in China in recent weeks, and on Tuesday met the head of the Export-Import Bank of China (Exim).

The meeting coincided with reports Fortescue was in advanced talks with $US200 billion sovereign wealth fund, China Investment Corp, over a $US1 billion-plus convertible note issue.

This week Fortescue said the talks were incomplete and confidential.

Earlier this year, Fortescue confirmed it had been in discussions with Exim Bank and China Investment Corp for funds to boost mining capacity to 120 million tonnes a year.

It has since lowered its ambitions to 95 million tonnes.

Fortescue said the trading halt had been called "pending an expected release on Monday regarding the completion of a commercial negotiation".

http://www.theaustralian.news.com.au/business/story/0,,25925728-36418,00.html

17/8 2009 00:38 cyber 0

16910

Fortescue Metals to reveal all on China financing.

Blair Speedy | August 17, 2009
Article from: The Australian

FORTESCUE Metals Group is expected to release details of a multi-billion-dollar deal with China's Export-Import Bank today that will bankroll the expansion of the company's Pilbara operation.

Shares in Fortescue have been under a trading halt since Thursday, pending the "completion of a commercial negotiation", believed to be a financing deal with China Exim Bank.

Today's announcement is also expected to include details of a price agreement -- a first for the price-taking Fortescue -- that will give the company financial certainty to meet repayment obligations.

In a statement to the stock exchange last week, Fortescue said it was reviewing its financing options as part of a plan to increase production from 45million to 95m tonnes a year by 2012, down from a previous goal of 120m tonnes.

http://www.theaustralian.news.com.au/business/story/0,28124,25937711-643,00.html

17/8 2009 04:34 cyber 0

16919

China Agreement on Sales Price and Volumes for 2009

http://www.fmgl.com.au//irm/Company/ShowPage.aspx?CPID=1906&EID=10000000

17/8 2009 16:30 whenif 0

16945

Mere iron ore talk. Nu Vale SA, Rio Tinto Group og BHP billiton ltd.

http://www.bloomberg.com/apps/news?pid=20601110&sid=aL3..2Jlsxz0

mvh whenif

10/3 2011 12:26 Grupo 2

39946

Lang tid siden jeg sidst har været aktiv på dette forum.

Siden sidst har der været godt gang i Fortescue udvikling.

Udbetaling af selskabets første halvårs-dividende blev foreslået den 18/2 2011: "Maiden interim dividend declared of three Australian cents per share" (ca. 1% pa).

Mere interessant er at selskabet i november 2010 besluttede at øge den årlige produktionen fra 55mtpa til 155mtpa. Investeringen er påbegyndt og forventes afsluttet 2014.

Herudover har selskabet allerede planer for senere at kunne forhøje produktionen til 355mtpa - 545% over det nuværende niveau.

Stort potentiale, men risiko såfremt kineserne ikke fortsætter i samme tempo som hidtil. Alternativt kan inderne jo så tage over...!

Seneste "presentation" (8/3 2011) fra Fortescue findes her:

http://www.fmgl.com.au/IRM/content/invest_asx.htm

Er der stadig aussie-fans tilstede på proinvestor???