FMG 1.04% $20.35 fortescue ltd

Iron ore price, page-18870

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    BHP quarterly out. Don’t be fooled by the 4% increase year on year. 4mt lost in dec qtr 18 was because of the train derailment. Production would had been about 62mt in dec 18 had that event not occurred. See second snapshot below from dec 18.

    So stripping out extraordinary events, it was about 3% down year on year and 1% down on the sep qtr.


    92D538D2-D611-4AF2-B989-5E7A8E2D899C.jpeg 82AE761C-28E8-4345-84A6-92864080E43E.jpeg
    Last edited by scrabble1: 21/01/20
 
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