robert123,
It is in the averages
FY2019 first half IO benchmark price was low, around USD $50/T and gradually strengthened in second half.
FY 2020 started at USD$120/T and is now softening toward 90. If it holds around 70-80( which most forecast) it will result in a higher eps than FY 2019.
Look at the realised prices in each quarterly announcement for the FMG pricing result.
FT
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robert123,It is in the averagesFY2019 first half IO benchmark...
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