FMG goes to court over Shovelanna iron ore

Fortescue Metals Group Ltd has confirmed it has started legal action iagainst a Cazaly Resources Ltd, marking an escalation in the dramatic events surrounding the Shovelanna iron ore tenement which has dragged in several major players.


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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/01/19

1 year TSR5 year TSR
5thGlobal Vanadium400%11%
267thA-CAP Energy-2%-3%
461stGBM Resources-33%-28%
598thCazaly Resources-49%-24%
726 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$2k Bought
$1k Bought
$607 Bought
Total value as at the date of the transaction
Source: Morningstar


248th↓Cazaly Resources$120k
256th↓GBM Resources$89k
257th↓Global Vanadium$89k
259th↓A-CAP Energy$87k
260th↓Jacka Resources$85k
509 listed resources companies ranked by revenue.
Source: Morningstar

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