Because capex has nothing to do with the loans. That's capital exploration works on mine etc. 2 dollars per tone. Etc
You have paralysis by analysis. Either buy some, short some or move on. Life is too short to do what you do and be on the fence.
Their costs annually does not involve any repayment of principal as that is not a cost. It's a repayment of debt.
Repost - Query concerning FMG cost coverage and breakeven, page-3
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Last
$16.12 |
Change
-0.010(0.06%) |
Mkt cap ! $49.63B | |||
| Open | High | Low | Value | Volume |
| $16.30 | $16.35 | $16.00 | $142.8M | 8.831M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 18592 | $16.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.14 | 3138 | 1 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |