FMG 1.91% $21.62 fortescue ltd

Iron Ore Price, page-2649

  1. 3,353 Posts.
    lightbulb Created with Sketch. 117
    I can't even read with all the BS there.

    Forecasting reductions from targets they've never even achieved lol. For example shipping cost FY2014-15 was $1,112m (or basically $7/ton at 160mtpa). Yet their pretty chart on slide 12 shows $5/mtpa likes it's already been achieved...

    That's why I say don't take these numbers at face value same with discounts, they don't match up to financial statements.

    I'd like to see less big talk and pretty presentations. Just the shut the F up and let your results do the talking
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