FMG 1.02% $22.36 fortescue ltd

Iron Ore Price, page-1303

  1. buc
    7,943 Posts.
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    You can LOL as much as you like. It all depends what it costs AGO to deliver to port via road.
    I don't have costings.

    If the cost is $12 per/t via road and FMG rail is $8, example,
    multiply 12 MT by $8 and both win.

    $96 million (example) profit should at least cover some interest costs and keep the wheels spinning for a long time.
 
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