FMG 1.01% $18.15 fortescue ltd

Wet/Dry Cost/Price, page-10

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    But unfortunately today's prices have dropped. The average spot price was US$74/kg in December, but now the average spot will probably be around US$63/kg, meaning US$17/t cannot be achieve at today's prices.

    Hang on a second... I thought the wet/dry cost included everything, including corporate and finance costs. EBITDA should be higher than $2.72 billion in that case.
 
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