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Forrest says no more cash needed for FMG

FORTESCUE Metals Group took centre stage at the 2007 Diggers and Dealers mining forum this afternoon as chief executive Andrew Forrest delivered an aggressively upbeat and slick presentation, assuring the large crowd of industry players that the company was cashed up to deliver on its rapidly looming production deadline.

MiningNews.Net
Forrest says no more cash needed for FMG

Forrest was the picture of confidence as he suggested that the company’s last capital raising would be the last before the company’s planned first shipment of iron ore in mid-May next year. “We are under...

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