Its complicated.
Fortescue sells a significant proportion of its
products on CFR terms which requires the Group to
be responsible for providing shipping services after
the date at which control of the goods passes to the
customer at the port of loading.
But we can pass on that cost to the customer, and earn some revenue as we own 12% of the fleet.
But not all product is sold CFR.... really we just don't know whats in our contracts
FMG Cost Structure, page-29
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$18.87 |
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| 1 | 900 | $18.86 |
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| $18.88 | 3586 | 4 |
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