FMG 1.91% $21.62 fortescue ltd

Iron Ore Price, page-2648

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    Page 12.  C1 = $18, Delivered = $25, + Interest & Sustaining CapEx $6 = $31, + Moisture $3, + Price Adjustments (Quality) $5 = Total $39, but expecting a drop to $36.  (All in USD)

    I hadn't included the extra $3/mtpa, but that alone will be enough to take out almost a third of the debt due in 2019.

    Here's the link;
    http://fmgl.com.au/media/2664/151027_fortescue-investor-briefing.pdf
    Last edited by Flip61: 05/11/15
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