1) The price relationship between the Metal Bulletin 58% Premium standard and the Platts 62% standard isn't constant itself. ie Some years and in some periods the MB 58% Premium has a bigger discount against the Platts 62% than at other years and in other periods so probably better from an estimation point of view (when we actually care about estimating FMG's realisation) to use the Platts 62% and use a high and low value (to get a range) for the discount against that.
2) 44MT is too high for a quarter in my opinion. 168mt/4 = 42MT. About 2mt of FMGs 168mt in FY16 was from the joint venture which is no longer operating with BCI. Unless there is new info I don't have I expect 42Mt rather than 44Mt would be closer.
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$18.44 |
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Mkt cap ! $56.77B |
Open | High | Low | Value | Volume |
$18.86 | $18.95 | $18.12 | $237.9M | 12.86M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 500 | $18.42 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$18.45 | 4950 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 500 | 18.420 |
1 | 150 | 18.410 |
3 | 105260 | 18.400 |
1 | 5000 | 18.390 |
2 | 600 | 18.380 |
Price($) | Vol. | No. |
---|---|---|
18.450 | 4950 | 4 |
18.460 | 20390 | 2 |
18.470 | 2015 | 2 |
18.480 | 90390 | 2 |
18.490 | 25694 | 3 |
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