Use wmt if you want, but to make a meaningful comparison Platts 62.0% is based on Dry, therefore we need to calculate the cost per Dmt to make the calculation meaningful.
I am happy with the cost side, it's the discount (eceive 85.0%-90.0% of 62.0% Platts), if the 15.00% discount is too low then the margin and cash flow changes as well as their break-even point.
I fail to see your argument, if sales are based on dry you cannot use wet as the cost, unless their is no cost difference between dry & wet, from what I understand their is a cost
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FMG
fortescue ltd
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0.92%
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$16.19

Wet/Dry Cost/Price, page-22
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Last
$16.19 |
Change
-0.150(0.92%) |
Mkt cap ! $50.31B |
Open | High | Low | Value | Volume |
$16.15 | $16.23 | $15.94 | $15.08M | 936.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 3416 | $16.18 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$16.19 | 250 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 2165 | 16.140 |
10 | 8788 | 16.130 |
6 | 5781 | 16.120 |
8 | 12217 | 16.110 |
6 | 6727 | 16.100 |
Price($) | Vol. | No. |
---|---|---|
16.160 | 8352 | 14 |
16.170 | 8822 | 15 |
16.180 | 9437 | 11 |
16.190 | 9155 | 11 |
16.200 | 10233 | 8 |
Last trade - 10.28am 08/07/2025 (20 minute delay) ? |
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AUSTRALIAN GOLD AND COPPER LTD
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