Lads I don't think this looks correct.
Taking the annual report for the FY ended 30 June 2021.
Iron ore shipped 182.2mt. I did not realise this was wmt not dmt but regardless.
Total costs $3.048B
Total delivered cost (wmt) USD31
Total delivered cost (dmt) USD34.
This is all in the financial performance section on page 34.
In addition to this you need to add sustaining capital but not growth capital. I am not sure how to get this number but in FY2020 it was US1.1B (page 41). This is USD10 per wmt. So it is a total of USD41 per wmt or about USD45 per dmt.
However during a downturn they will cut back on everything including sustaining capital. So during a downturn we are probably talking USD35 per wmt or USD40 per dmt.
- Forums
- ASX - By Stock
- FMG
- FMG Cost Structure
FMG Cost Structure, page-12
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FMG (ASX) to my watchlist
(20min delay)
|
|||||
Last
$20.50 |
Change
0.030(0.15%) |
Mkt cap ! $63.18B |
Open | High | Low | Value | Volume |
$20.75 | $20.75 | $20.48 | $28.34M | 1.371M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 2151 | $20.50 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$20.51 | 1075 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 174 | 20.530 |
8 | 7052 | 20.520 |
9 | 10746 | 20.510 |
18 | 20607 | 20.500 |
9 | 6050 | 20.490 |
Price($) | Vol. | No. |
---|---|---|
20.540 | 1732 | 8 |
20.550 | 6046 | 10 |
20.560 | 4488 | 10 |
20.570 | 6314 | 9 |
20.580 | 3807 | 9 |
Last trade - 10.55am 17/10/2024 (20 minute delay) ? |
Featured News
FMG (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non Executive Director
Simon Kidston
Non Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online