Frustrated with the cryptic announcement
Substantial cash flow, ability to pay down etc.
But no actual amount mentioned or when?
Clayton announcement, they have never made such an announcement, looks like it was meant to cover AF's comments and highlight lowest cost producer reference
Sam Walsh ex (RIO) and Andrew Mackenzie (BHP) must be feeling embarresed that an upstart is making major inroads with best of class assets & infrastructure,VLOCS, port, autonomous trucks etc.. Basically covered the full chain of supply from mining to delivery
Another qtr of if IO price at these levels will make their balance sheet rock solid
Big 4 learnt their lesson in economics fromAF "value over volume"
Ann: Debt reduction to continue as FMG recognised as lowest cost, page-15
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 (20min delay)
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Last
$17.73 |
Change
-0.210(1.17%) |
Mkt cap ! $54.59B | |||
| Open | High | Low | Value | Volume |
| $17.86 | $18.00 | $17.67 | $106.1M | 5.956M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3136 | $17.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.76 | 10562 | 2 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |