FMG 0.00% $20.35 fortescue ltd

My point is .... think you are confusing the point. FMG get paid...

  1. 1,404 Posts.
    My point is .... think you are confusing the point.

    FMG get paid in USD for the iron ore. Debt is in USD.

    If the AUD goes down vs the USD .. this is a good thing. Means we lowering the operation cost
    since the AUD is dropping.

    So what the debate about paying debt in USD ? ... Dont get it ....
 
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