FMG 0.46% $21.52 fortescue ltd

io margin, page-3

  1. 529 Posts.
    Thanks notthemama

    I wonder if that was at 115m tonnes

    If so that will give them at 90 per tonne 3 to 4 billion in surplus to pay interest and pay down debt

    Now I am sure its not that simple due to moisture content etc but speaking with a FMG employee they were saying that the high cost issue pushed about FMG was not true and they were tracking down towards RIO and BHP
 
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