FMG 0.00% $20.47 fortescue ltd

The Sep quarterly should be great with the way IO prices have...

  1. 15,690 Posts.
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    The Sep quarterly should be great with the way IO prices have held up ... I always like to err on the side of being conservative so even at a realised price of $75 average for the Sept quarter we would be making approx $35 profit.... so 14 million tonnes per month @ $35 profit nets FMG a conservative $1.47 bn USD ... certainly nothing to sneeze at .... If our old mate @frankycc was around he would have posted a fine tuned estimate, which was always on the money (pun intended). ..... hope you are well buddy

    GLTAH
 
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