I hope for a 1.50 dividend in March. If your calculations are close to the reality then they will have well over 1 billion to reinvest for the 2 projects.
Assuming they aim to save another 1.5 billion for the 2H for FY 2020/2021. Then the capital costs should be covered.Then lets hope we can secure a 2 dollar dividend in September /October 2021.
Iron ore price, page-26582
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