FMG 3.61% $20.10 fortescue ltd

Iron ore price, page-29692

  1. 374 Posts.
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    By my calculations we will have made NPAT of US$4.1B on or about 16/04/2021 which is equal to the NPAT for the six months to 31/12/2021.
    Subject to the average price of 62% fe remaining about US$160/ton. Any less it will still achieve this result a day or two later. What a magnificent result.
    NPAT for the six months to 30/06/2021 should be about US$6.8B and result in a dividend of about AU$2.30. The production report in April should confirm these calculations.
    Please do your own research as this is not investment advice.
 
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