It's safe to say "All in cost" this FY will be lower than last FY. (lower C1 cost, royalty, interest etc)
Last FY:
- Shipped 170.4WMT
- Revenue US$8447M
- Net Profit after Tax US$2093M
Net Profit before Tax = US$2990M (2093 / 0.7)
Total Cost per wmt = (8447-2990)/170.4 = US$32/wmt
If your cost is more than US$32/wmt, then there is an error somewhere.
DYOR.
Frank.
#1 Acquirer's Multiple in the ASX200, page-11
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