Alright, so USD$105.31 minus cash costs of $13.50 per tonne is USD$90 or AUD$128. Let's call it $110 given the ups and down.
Last quarter did 38.3m tonnes, missing 2.5mt from bad weather, so let's call it 40m tonnes per quarter and project annual tonnage at 160m.
160m/52 = 3.07mt per week. 3.07mt * 110 = $337m profit per week.
I'm sure I've missed some elements but, uh, that's good bank!
FMG generating profit of AUD$300 million a WEEK., page-10
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Last
$21.90 |
Change
0.040(0.18%) |
Mkt cap ! $67.42B | |||
| Open | High | Low | Value | Volume |
| $21.92 | $22.11 | $21.82 | $224.3M | 10.10M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 3932 | $21.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.90 | 400 | 1 |
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| Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
| FMG (ASX) Chart |