As RIO and BHP had every rite to build to a volume that allowed cheapest possible extraction costs.
So to FMG have same rite!
RIO and BHP mismanagement come from having reached that volume continued to flood the market thus lowering their own returns to their shareholders!
FMG has not!
That's the difference, imo.
Iron ore price, page-161
-
- There are more pages in this discussion • 52,671 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$21.92 |
Change
0.350(1.62%) |
Mkt cap ! $67.49B | |||
| Open | High | Low | Value | Volume |
| $21.60 | $21.95 | $21.54 | $94.22M | 4.315M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $21.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.93 | 18370 | 7 |
View Market Depth
| Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |