FMG 2.15% $18.49 fortescue ltd

Iron Ore Price, page-2542

  1. 3,510 Posts.
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    Rcman,

    IOP @ $70.00mt 62.00% fe (plausible) and break even at $39.00mt 62.00% ( confirmed)

    Earnings circa 160.0mt @ $30.0mt = $4.8b

    Enough to reduce the biggest obstacle for sp to increase, being debt by 60.00% over 2 years

    Sp will hit the roof, anything over and above $70.0mt will set a record for a company that will have achieved so much in just a few years when compared to the big 2
 
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