FMG 1.10% $19.76 fortescue ltd

61% fe to average $us 125/t for next 5 years! , page-4

  1. 3,510 Posts.
    lightbulb Created with Sketch. 147
    Typos fixed sorry

    Run rate of 120mt is applicable for 2014, it is 100mt now increasing to 155mt in December 2013

    Therefore from 2014 onwards if costs including financing remains at $80mt (which is on the high side) and realised selling price is constant at $115mt

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

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

    If the article is correct Kaching kaching
 
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