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Great PigMy personal belief is FMG having not produced any ore, the share price will zoom down if the dead line is not met. There are so much hype and expectation that Graeme Rowley or Russell of FMG just can not afford to get Andrew loose hundreds of millions from this shocking price down. on a flick of bad news Twiggy will not be the richest person at that juncture. If you know Andrew is very much media focused person and will not let this happen. This is his life more than any one other investor who might have invested only hundreds of thousands.Ironically BHP escalated project cost by more than $100 M no one raises a finger because they have already proved to be a production company. But FMG is on paper - not yet a production company.So in short if I punt or apply my own scope then share price will go down around 10% if the target date gets escalated by one week.
Great Pig
My personal belief is FMG having not produced any ore, the share price will zoom down if the dead line is not met. There are so much hype and expectation that Graeme Rowley or Russell of FMG just can not afford to get Andrew loose hundreds of millions from this shocking price down. on a flick of bad news Twiggy will not be the richest person at that juncture. If you know Andrew is very much media focused person and will not let this happen. This is his life more than any one other investor who might have invested only hundreds of thousands.
Ironically BHP escalated project cost by more than $100 M no one raises a finger because they have already proved to be a production company. But FMG is on paper - not yet a production company.
So in short if I punt or apply my own scope then share price will go down around 10% if the target date gets escalated by one week.
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