Iron ore price, page-617

Still disappointed with the Q report, will need 4 days to recover.

So far FMG shipped 125.7MT this FY at 82.91% realised price. Why would they put in the report now the expect FY realised price is 75 to 85%?? Who is the genius?? The new CFO??

To get down to 75% FY, if they ship 40MT in 4th Q, they will have to get 50% realised price in Q4! What the?

Whoever is the genius to sign that off is really beyond me.

A more capable person would put 80-85%, even if FMG get 75% in Q4, the realised price would still be 81% for the FY.

This report is just not as good as past 12 months, for more reason than one.

Have a Safe Easters, FMGers.... and Shorters.

DYOR.

Frank.