FMG 0.00% $16.20 fortescue ltd

Bad cycle, page-13

  1. 3,361 Posts.
    lightbulb Created with Sketch. 119
    Sounds like the legal cases I used to read at uni, have to read it 20 times to understand wtf is being said!

    Some info on stripping for us laymen (from wiki):

    All other factors being equal, mining at a higher stripping ratio is less profitable than mining at a lower stripping ratio because more waste must be moved (at a cost per unit volume) for an equivalent volume of revenue generating ore. If the ratio is too high given a particular price of ore and associated cost of mining then it may not be economical to conduct mining.
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
(20min delay)
Last
$16.20
Change
0.000(0.00%)
Mkt cap ! $50.06B
Open High Low Value Volume
$16.40 $16.41 $16.13 $68.87M 4.212M

Buyers (Bids)

No. Vol. Price($)
35 11076 $16.19
 

Sellers (Offers)

Price($) Vol. No.
$16.20 16509 21
View Market Depth
Last trade - 12.53pm 10/09/2024 (20 minute delay) ?
FMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.