With Iron Ore now at $110 a tonne ($100 for 58% Fe contnet) , the AUD/U.S at 69c and with approx 7 million tonnes exported in the next 2 weeks - FMG will make PROFIT in these last 2 weeks of the financial year of AUD$600 Million.
It is truly mind boggling the amount of cash profit this company is currently generating!!!!!
Iron ore price, page-13317
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$22.10 |
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Mkt cap ! $68.04B | |||
| Open | High | Low | Value | Volume |
| $21.99 | $22.22 | $21.87 | $84.79M | 3.834M |
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| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
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