CIMB refers to cash margin - that isnt the same as all in sustaining costs, which include exploration, corporate overheads etc on a per unit of production basis.
Personally I prefer AISC because it is a picture of likely gross profit.
This is the same issue of terminology that had misled investors in gold miners 2-3 years ago.
However - I still dont see how CFR US$90/t would give FMG a $13 cash margin - so feel theres something more here to tease out.
Might be worth trawling through old posts as im sure someone has covered all this before.
CIMB refers to cash margin - that isnt the same as all in...
-
- There are more pages in this discussion • 50 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$19.64 |
Change
0.140(0.72%) |
Mkt cap ! $60.47B | |||
| Open | High | Low | Value | Volume |
| $19.98 | $20.30 | $19.61 | $117.9M | 5.910M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 1641 | $19.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.65 | 7502 | 26 |
View Market Depth
| Last trade - 14.20pm 08/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |