I expect iron ore price to recover at least $60/t.
Then, FMG could generate free cash inflow $2.1b per year, totaling $8.4b net cash will be generated by 2019, that will be almost pay off $9b loan in full.
For Money, Go
I expect iron ore price to recover at least $60/t. Then, FMG...
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Last
$19.22 |
Change
-0.270(1.39%) |
Mkt cap ! $59.17B | |||
| Open | High | Low | Value | Volume |
| $19.52 | $19.55 | $19.22 | $85.01M | 4.398M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 27260 | $19.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.33 | 100 | 1 |
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| Last trade - 16.10pm 04/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |