Do the overheads below appear reasonable compared to competitors costs, considering it seems FMS will be paying a 30% fee on any revenue above AU$60 per tonne?
See extracts pasted below from Infrastructure Deal with Rutila & Todd
Flinders will pay a direct operating cost recovery fee on each Flinders tonne handled through the Infrastructure Facilities;
Flinders will pay A$25/tonne service charge on each Flinders tonne handled through the Infrastructure Facilities;
The Joint Venture will pay Flinders a A$5/tonne Foundation User rebate for the first 20Mtpa commitment with a further rebate (commercial in confidence) applied for additional ore transported
Flinders will pay The Joint Venture a price participation fee of 30% of revenue derived from ore sales in excess of A$60/t
Anybody, anybody?
FMS Price at posting:
2.8¢ Sentiment: None Disclosure: Not Held
