FMG 1.20% $21.41 fortescue ltd

Seen lots of debate around costs. This info seems the most...

  1. 78 Posts.
    lightbulb Created with Sketch. 1
    Seen lots of debate around costs. This info seems the most granular and easy to understand( and aligns with FMG announcements)

    costs ( us tonne)
    - shipping : $8.5
    - royalties : $4
    - oheads : $0.6
    - interest: $4
    - sustaining capital : $5
    - cash costs : $29
    Total : $51

    sales discounts
    8% moisture discount
    15% grade discount
    equals a 23% discount

    therefore received cost at current market pricing:
    $76.5 tonne market = $59 tonne received
    vs
    $51 tonne all in costs

    equals 172 mt x 8 = annual1.37billion PBT
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
(20min delay)
Last
$21.41
Change
-0.260(1.20%)
Mkt cap ! $65.92B
Open High Low Value Volume
$21.52 $21.67 $21.30 $150.5M 7.000M

Buyers (Bids)

No. Vol. Price($)
1 93 $21.40
 

Sellers (Offers)

Price($) Vol. No.
$21.41 12657 3
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
FMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.