FMG DOW

Jcourse Downer contract reduces cost for the 59.0mt mined at...

  1. karasco58
    3,510 Posts.
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    22/02/15
    15:26
    Post #: 14797952
    Jcourse

    Downer contract reduces cost for the 59.0mt mined at Cloudbreal by $3.30mt

    Not sure if this AUD or USD, nevertheless a $3.30mt saving on 59.0mt equates to an overall cost benefit to FMG of $1.00mt on 160.0mt annual production

    DOW sp will increase, McMahon sp will rank on Monday.

    What effect on sp for FMG come Monday?? Considering China's still on holidays.
    DOW Price at posting: $4.28 Sentiment: Hold Disclosure: Not Held
    FMG Price at posting: $2.45 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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$15.03 		Change
-0.630(4.02%) 		Mkt cap ! $46.27B
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No. Vol. Price($)
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Price($) Vol. No.
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