FMG 0.26% $19.55 fortescue ltd

bouncing fmg ideas, page-9

  1. 58 Posts.
    lightbulb Created with Sketch. 2
    Hi Ash. If you beneficiate 200Mt @ 58%Fe, you can't end up with 200Mt @ 68%Fe. Removing the waste components of the ore reduces the overall tonnage you have. So it's always a balancing act between getting out the most tonnes but trying to do it at a grade that is attractive to the market (and preferably one you get a premium price for rather than grade penalties).
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
(20min delay)
Last
$19.55
Change
0.050(0.26%)
Mkt cap ! $60.19B
Open High Low Value Volume
$19.98 $20.30 $19.51 $184.3M 9.305M

Buyers (Bids)

No. Vol. Price($)
5 2568 $19.51
 

Sellers (Offers)

Price($) Vol. No.
$19.56 44282 3
View Market Depth
Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
FMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.