FMG 1.04% $22.36 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
$22.36
Change
-0.235(1.04%)
Mkt cap ! $69.13B
Open High Low Value Volume
$22.46 $22.51 $22.35 $33.72M 1.443M

Buyers (Bids)

No. Vol. Price($)
21 23415 $22.35
 

Sellers (Offers)

Price($) Vol. No.
$22.36 4803 24
View Market Depth
Last trade - 11.20am 17/07/2024 (20 minute delay) ?
FMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.