FYI
Ore mined H1 118 Million Tonnes.a
Q1 Ore mined 60.8 mt
Q2 Ore mined 57.2 mt
Ore shipped H1 93.1 Million Tonnes
Q1 Ore shipped 45.6 mt @ US$118 pt
Q2 Ore shipped 47.5 mt @ US$74.36 pt
Estimated dividend range $1.07 - $1.17
It may be time to consider when looking forward, likely FMG may decide to reduce its future dividend payouts in order to fund an increase in all types of FFI expenditure.
Looking forward to a clearer direction from the board in the Half Year presentation.
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