Yep get the hype from both sides can be misleading and an irritating read, however for now to be fair one ought consider these numbers in a SP valuation going forward
-Average 58% Fe for Q4 to 27/4/2022 US$101.22 (base only) at this average may realise US$117 on sales mix and contracting discounts.
-US$0.711 today FMG forecasts .73
-Increased production forecast. (Not sure China can survive without increased productivity to maintain a population of 1.5 Billion).
-Diesel costs have stabilised and more likely to edge downward mirroring the Gold price in periods of geopolitical upheaval. (Diplomatic talks continue re Trevor Reed prisoner swap - good signs for a roadmap to peace)
-Potential dividend on these numbers if the board decides to ranges between 1.10 - 1.20
Ann: March Quarterly Production Report, page-37
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$20.10 |
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Mkt cap ! $61.88B | |||
| Open | High | Low | Value | Volume |
| $20.26 | $20.49 | $19.94 | $337.2M | 16.71M |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 38056 | $20.09 |
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| Price($) | Vol. | No. |
|---|---|---|
| $20.15 | 20000 | 1 |
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