FORTESCUE METALS (FSUMF US $4.60; NEUTRAL; price target lowered from $9/share to $5.75/share) TOTAL ESTIMATED INFRASTRUCTURE CAPITAL EXPENDITURES RAISED FROM $8.4 BILLION to $9 BILLION; FURTHER DEBT AND EQUITY ISSUANCES ESTIMATED FOR 2013 7/17/2012

Name: FORTESCUE METALS (FSUMF US $4.60; NEUTRAL; price target lowered from $9/share to $5.75/share) TOTAL ESTIMATED INFRASTRUCTURE CAPITAL EXPENDITURES RAISED FROM $8.4 BILLION to $9 BILLION; FURTHER DEBT AND EQUITY ISSUANCES ESTIMATED FOR 2013 7/17/2012
Brand: John Tumazos Very Independent Research
SKU: 6263
Price: 500.00 USD
Availability: InStock

FORTESCUE METALS (FSUMF US $4.60; NEUTRAL; price target lowered from
$9/share to $5.75/share) TOTAL ESTIMATED INFRASTRUCTURE CAPITAL
EXPENDITURES RAISED FROM $8.4 BILLION to $9 BILLION; FURTHER DEBT
AND EQUITY ISSUANCES ESTIMATED FOR 2013 7/17/2012