Wonder what the vale exec's think of this with the marginal producer in mind with a fy17 exit guidance of $40/tonne. From what I can see fmg C1 $15 + $11 shipping, royalty, admin ( 2015 annual report; costs probably lower now ) + $3 interest + $2 capex = $31 estimated current all in costs with fmg touting further reductions.
The Worlds Lowest Cost Producer, page-5
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Last
$16.82 |
Change
-0.500(2.89%) |
Mkt cap ! $51.78B | |||
| Open | High | Low | Value | Volume |
| $17.11 | $17.23 | $16.81 | $252.2M | 14.80M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 13676 | $16.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.83 | 350 | 1 |
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| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |