Save your breath and put him on ignore, he's been bearish since $4s.
I would of change account by now if I have been wrong for so long, hehe.
Everyday goes by, FMG is racking in nearly US$20M Cash at US$85/dmt.
End of June 2015, Gloss Debt: US$9.6B
End of Dec 2015, Gloss Debt: US$7.4B
End of June 2016, Gloss Debt: US$6.8B
End of Dec 2016, Gloss Debt: US$5.2B
End of March, Cash is expected to be US$3B, Net Debt down to US$2.2B. (Provided that the realised discount is 12.5% this Q, more or less depends on this discount)
I say Net Debt to be ZERO by September Q this year and Gloss Debt to by ZERO by March Q next year, why so late you may ask, the reason is most likely we will get a big chuck of profits from now on.
DYOR.
Frank.
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Last
$26.21 |
Change
-0.200(0.76%) |
Mkt cap ! $80.69B |
Open | High | Low | Value | Volume |
$26.60 | $26.64 | $26.19 | $64.30M | 2.444M |
Buyers (Bids)
No. | Vol. | Price($) |
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3 | 14022 | $26.21 |
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Price($) | Vol. | No. |
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$26.23 | 16372 | 1 |
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No. | Vol. | Price($) |
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1 | 2500 | 26.210 |
2 | 986 | 26.200 |
2 | 4000 | 26.190 |
7 | 17623 | 26.180 |
4 | 43652 | 26.160 |
Price($) | Vol. | No. |
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26.230 | 16372 | 1 |
26.270 | 7817 | 1 |
26.310 | 500 | 1 |
26.320 | 69 | 1 |
26.330 | 11737 | 2 |
Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
$26.26 |
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Change
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Open | High | Low | Volume | ||
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Last updated 15.59pm 10/05/2024 ? |
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