With 100MT of ore not in the market the price may well be where it needs to be to extract the margins you are referring to. It would evaporate the current stocks in port.
Gassins has the assumptions correct.
6 weeks left till end of year, page-9
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Last
$19.08 |
Change
0.210(1.11%) |
Mkt cap ! $58.90B | |||
| Open | High | Low | Value | Volume |
| $19.38 | $19.38 | $19.01 | $74.66M | 3.883M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 2566 | $19.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.08 | 3152 | 11 |
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| Last trade - 11.20am 01/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |