FMG 1.10% $19.76 fortescue ltd

Quoted from...

  1. 1,807 Posts.
    Quoted from :http://www.moneymorning.com.au/20151211/is-bhp-billiton-a-buy.html


    BHP has [a current] breakeven price of roughly US$37 per tonne. [But] I wouldn’t be surprised if this was closer to the US$42 per tonne level."

    If this is accurate, FMG is definitely a lower cost producer than BHP......and BHP maybe in quite deep sheet.......
 
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