Thanks farmboy
I am trying to work out if its the analysts who cant add up or the journalists who cant get the facts straight.
I was just reading about what they were saying the interest costs of FMG was (over a billion) but then saying new facility was at just over 5%. That doesnt make sense.
Looking at reports it appears debt will peak as they get to the 115mt output but at that point productions costs get down to about $50 per tonne.
So I understand there is a moisture issue but still seems to be some strong headroom as long as prices are above 90 per tonne. THis is where it "collapsed" to.
Thanks farmboyI am trying to work out if its the analysts who...
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$21.52 |
Change
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Mkt cap ! $66.25B | |||
| Open | High | Low | Value | Volume |
| $21.60 | $21.61 | $21.25 | $97.49M | 4.544M |
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| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3904 | $21.52 |
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| Price($) | Vol. | No. |
|---|---|---|
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