FMG 1.51% $18.28 fortescue ltd

61% fe to average $us 125/t for next 5 years! , page-3

  1. 3,510 Posts.
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    Run rate of 120mt is applicable for 2014, it is 100mt now increasing to 155mt in December 2013

    Therefor from 2014 onwards if costs including financing remains at $80mt (which is on the high side) and realised selling price is constant at $155mt

    Profit will be 155mt x $35mt = $5.4b

    What other company lied on the ASX after 10 years in existence comes close to these numbers.

    If the article is correct Kaching kaching
 
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