FMG 1.17% $17.73 fortescue ltd

FMG Profitability when IO at $50-60USD?, page-37

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    Assuming a price of USD55. The grade discount is about 15%. So a price of USD48. The AISC is ~USD35. The royalty is AUD8/USD5. Shipping is about USD12. So about USD52/tonne total cost. There would be little or no profit.

    Pigsy, you're obviously not stupid, but why do you say such stupid things? Just trying to mislead everyone?

    FMG AISC (All in sustaining costs), means ALL IN... that meas C1 + Shipping+ Royalties + Overheads+ Sustining capex + Interest.

    You dont take AISC then add Royalty again then add shipping again... thats DOUBLE COUNTING, sheeesh!


 
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