FMG Technical Analysis, page-3425

IMO regardless of how the trading transpires tomorrow I still think we will shoot through $9 on Thursday once we see how good the quarterly is

..... I like to work on a basic back of the envelope calculation on a conservative estimate .....

~14m tonnes per month at all in cost of $40 with IMO an average realised price for the June quarter of $80 for FMG (inc. disc) ... therefore $40 X 14 X 3 months $1.68bn profit ....

..... not bad for the quarter - just sayin' ... and IMO if IO stays above $100 for 62%fe for the remainder of the year we should be net debt zero by 31 December (again IMO)

.... wish you were here doing your in depth estimates of cash on hand, costs, EBITA etc etc etc @frankycc ... you were always so close we didn't really need the report in the end .... hope your health is ok my friend.

GLTAH ...