Forrest fails to exaggerate Fortescue's financials – Investors cheer

The production numbers were all in line. It was Fortescue's financials that over-delivered.

Andrew Forrest came under fire this week for being “prone to severe exaggeration”. Who would have thought?

But Leucadia National, the Manhattan based fund that helped establish Fortescue Metals Group, couldn’t complain about the company’s latest set of numbers delivered in this morning’s quarterly report.

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