@blox
So what your saying here is that at about the time the major debt payments are due will (likely) be about the time the effective mine grades decrease (USD/tonne cost increases). If this also happen to co-incide with a prolonged IO price bear market then FMG becomes insolvent or cash poor. So what, do we hope that India gets a tonne of investment and becomes the new China, spiking the IO price.
@blox So what your saying here is that at about the time the...
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Last
$21.58 |
Change
-0.280(1.28%) |
Mkt cap ! $66.65B | |||
| Open | High | Low | Value | Volume |
| $21.71 | $21.80 | $21.53 | $33.48M | 1.544M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 1352 | $21.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.58 | 2932 | 15 |
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| Last trade - 12.14pm 10/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |