FMG 1.96% $17.97 fortescue ltd

POWER!!!! Fortescue Future Industries, page-4428

  1. 3,205 Posts.
    lightbulb Created with Sketch. 1005
    Hey Wes,

    Yeah our Iron ore business is in no trouble whatsoever...... the only thing which changes is how much mullah we are making.

    Break even is either $$44,$46 $59 depending on what you consider break even.

    $44 if we pay off all debt,
    $46 if we still have to pay interest
    $59 if you include depreciation & ammortisation


    (assumptions. $2.2B sustaining capex, 200 million tonnes, C1 $19, 85% realization of platts 62, $10 shipping, both revenue & cost, all FFI is cancelled, 1.5 usd to aud)

    https://hotcopper.com.au/data/attachments/6396/6396722-85884b7fa144cbd4211652b8906af2dd.jpg



    All with my errors included.tongue.png
 
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