FMG 0.00% $18.40 fortescue ltd

Where is the ambiguity? Simple calculations, breakeven at ~39,...

  1. 2,919 Posts.
    lightbulb Created with Sketch. 193
    Where is the ambiguity?
    Simple calculations, breakeven at ~39, realized price of 52, a $10-13 margin/t. They produce 40mt, so the cash position improved by 400m that quarter.
 
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