FMG 5.58% $20.13 fortescue ltd

Fair Value For FMG, page-48

  1. 7,309 Posts.
    lightbulb Created with Sketch. 1075
    I am trying to get my head around this.

    How would FMG "print money" at $50 IO?

    Is this based on the difference between FMG cash cost, and $50?

    How is 'cash cost' calculated?
 
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$20.65 $20.83 $20.13 $118.2M 5.743M

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