FMG 0.32% $21.86 fortescue ltd

I am trying to get my head around this.How would FMG "print...

  1. 7,247 Posts.
    lightbulb Created with Sketch. 1065
    I am trying to get my head around this.

    How would FMG "print money" at $50 IO?

    Is this based on the difference between FMG cash cost, and $50?

    How is 'cash cost' calculated?
 
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$21.86
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$21.95 $22.35 $21.71 $192.6M 8.766M

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$21.88 1359 3
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