FMG 1.96% $17.97 fortescue ltd

defabsSorry for the poor presentation but FMG May have had a...

  1. 374 Posts.
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    defabs
    Sorry for the poor presentation but FMG May have had a massive qtr.
    Port Hedland reported following shipped (July, Aug, Sep):
    41.9
    45.4
    41

    128.3. - Total exported IO
    61 - BHP production (no sales so may be a slight timing discrepancy)
    14 - Hancock (assumption 56mtpa run rate)
    2 - Atlas (Mt Webber)
    4 - mineral resources (did 3.5mt in 4th qtr)
    47mt would be a back of an envelope call for FMG

    Multiply by 4 and run rate is close to 188mtpa run rate..
    Reply
    If that is the case then what an improvement on Q1 last year.
    2018/2019
    TotalQ4Q3Q2Q1
    West Pilbara Fines 60.1%94.83.80.4
    Kings14.24.13.43.23.5
    Fortisque Blends72.417.116.12019.2
    Fortisque Lump8.63.32.22.70.4
    SSF61.716.212.615.917
    Manganese Iron Ore1.81.20.20.30.1
    167.746.738.342.540.2





 
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