Mytime,
Im no ore expert, I just know the broad basics.. If it makes u feel better I do believe FMS has better ore than FMG!
But in the years ahead there will be more pressure on the 58%fe as chinese authorities crack down on the high polluting steel mills there are plenty of recent articles on this topic.. FMS I guess is trying to copy FMG in being a pure volume play, 25mt/year is a hell of a lot of ore to dig, transport and ship to china.. if the spot price (62%) of IO is $100/t what will FMS earn for their ore? The greater the premium ($ per % of Fe > 62%) paid for high grade ore that will exist will also be inversely true for the discount applied to the lower grades..
- Forums
- ASX - By Stock
- RHK
- Ann: Change in substantial holding
Ann: Change in substantial holding , page-37
-
- There are more pages in this discussion • 30 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
NEWS
Antler Copper Project hits major permitting milestone – air quality permit advances to final review
Add RHK (ASX) to my watchlist
(20min delay)
|
|||||
Last
78.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $155.8M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1300 | 80.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
85.0¢ | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1300 | 0.800 |
3 | 17351 | 0.780 |
1 | 5000 | 0.670 |
1 | 10000 | 0.650 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.850 | 10000 | 1 |
0.860 | 48332 | 3 |
0.870 | 16412 | 2 |
0.890 | 2368 | 1 |
0.900 | 9425 | 1 |
Last trade - 16.12pm 04/10/2024 (20 minute delay) ? |
Featured News
RHK (ASX) Chart |
Day chart unavailable