Robot, no BS here all up posts in include the following
- C1 - Mining, processing, rail & port costs
- Shipping, royalties & overheads
- Interest & finance costs
- Cost of maintaing capital
Check all the published reports Annual and Quarterly for your reference.
As an example the December Corporate presentation disclosed all in cost at US$51.0dmt or $46.0wmt as follows
C1- $29.00, Shipping etc... $12.00, Interest $3.00, Capital $2.00
WE all forget that $3.6b in debt has been repaid saving $330.0m in interest costs or around $2.00mt, let alone other costs having been significantly reduced due to efficiencies, oil & shipping costs etc...
So where is the BS?
FMG Price at posting:
$2.17 Sentiment: Hold Disclosure: Held
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