FMG 1.17% $17.73 fortescue ltd

FMG Profitability when IO at $50-60USD?, page-14

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    Assuming a price of USD55. The grade discount is about 15%. So a price of USD48. The AISC is ~USD35. The royalty is AUD8/USD5. Shipping is about USD12. So about USD52/tonne total cost. There would be little or no profit.


 
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