FMG 0.87% $21.71 fortescue ltd

Ann: Quarterly Production Report, page-20

  1. 133 Posts.
    lightbulb Created with Sketch. 14
    A whole lot to like in this report.
    Can anyone comment on the expected 1mt of hematite from Iron Bridge?
    We know the costs of development of this project have blown out a bit. I was intrigued at the expected cost basis of this hi content ore which seems very low.
    Would it be fair to say if will be like a money tree even knowing that the gap for the hi content ore has narrowed recently.
    Any gurus able to estimate potential profit from this?
 
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