FMG 1.62% $21.92 fortescue ltd

Iron ore price, page-3802

  1. 187 Posts.
    lightbulb Created with Sketch. 45
    I agree why is the cash in hand so low, this means they have only added $500 million in a QTR.. I had them pegged earning free cash of $1.23 billion .

    Why the $700 million gap.

    Does this mean $400-$500 free cash generation in next Qtr at current Platys prices and discount?

    I wore to Stuart at FMG investor relationships bs for an explanation.

    Pretty disappointed- but maybe I don't know full picture.

    Regards

    MJAK
 
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