So 50 bucks is still the varying level of cash costs?
I just find it odd that management is still trying to portray the cost as low cost while every analyst publishing their public figures are in the 70+ range. The chart is saying investors are not buying the low cost model.
There will be some level when the market will decide it is compelling buying because even though it still has a healthy net profit, the worry is the debt maintenance/reduction if the forecast by ABARE and most pundits reckon 80-100 spot is the new normal.
iron ore price, page-52
-
- There are more pages in this discussion • 1,644 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$19.47 |
Change
-0.260(1.32%) |
Mkt cap ! $59.94B | |||
| Open | High | Low | Value | Volume |
| $19.65 | $19.65 | $19.37 | $126.0M | 6.462M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $19.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.50 | 24291 | 3 |
View Market Depth
| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |