oK, oK, oK i ANSWER :)
)what quantity of iron ore at an average of 58% would it take for you to think that this company deserves a market cap of, say 500M?
I do not think any company with 500mt ,low grade DSO or non DSO is worth this much in the pilbara as there is tons of this stuff. Trouble is shipping it to a customer that wants it. It is just dirt until a dancers" toes say different. FMS chasing capital raising money for income not value for shareholder. So make your Richard Russell rich, your choice...won't make you rich!!
2)What is the going price per tonne for a JORCed quantity of CID?
FMS quality maybe .02c a ton, quite crappy so far.
thanks in advance
the phatman.
oK, oK, oK i ANSWER :))what quantity of iron ore at an average...
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Mkt cap ! $160.8M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 81.0¢ | 1694 | 1 |
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