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I love to see a growth company attack debt before it is due especially when the interest rate is high. FMG announced that they are paying off half of the debt that is due in 2015. By paying down debt early, offering a dividend, having a competitive P/E ratio, having a low cost model for iron ore production, etc bodes well for a long term viable company.

[QUOTE="dat111, post: 802342, member: 20338"] I love to see a growth company attack debt before it is due especially when the interest rate is high. FMG announced that they are paying off half of the debt that is due in 2015. By paying down debt early, offering a dividend, having a competitive P/E ratio, having a low cost model for iron ore production, etc bodes well for a long term viable company. [/QUOTE]

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