FMG 3.61% $20.10 fortescue ltd

POWER!!!! Fortescue Future Industries, page-4421

  1. 601 Posts.
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    I agree with your comments, jb Please correct me if I've got this wrong, but my understanding is our costs per ton are less than $20, lowest of all the miners. Our breakeven point would be significantly lower than $60. So even at $60 we would still be highly profitable Am I missing something?

    Thanks, wes
 
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