Hi Rcman
I made no mention of costs. I made the comment that BHP reported ACTUAL achieved wet price for the 6 months. FMG continually reports a dry sales figure that is misleading. To other posters who want to try and calculate FMG's wet sales $, I suggest you try and figure out the achieved price for the last reported quarter. FMG at the time appeared to achieve a 28% discount to 62fe.
What have you guys got against your company saying "these are out wet volume and this is the price achieved?" You are trying to justify FMG reporting on the basis that ''every body does it". That is not good enough. This is a FMG thread. Presumably we have all invested in FMG, So why are we not all demanding transparent reporting from OUR directors?
Pear
iron ore price, page-1298
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$19.76 |
Change
-0.220(1.10%) |
Mkt cap ! $60.84B | |||
| Open | High | Low | Value | Volume |
| $19.66 | $19.80 | $19.20 | $191.1M | 9.763M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 4673 | $19.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.76 | 31740 | 2 |
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