Next Thursday, 13th of April is the FMG's March Q Report.
IO Average for the March Q was US$84.82 / dmt.
Scenario 1: Realised price is 87.5% of Platts 62% CFR
At 170MT PA rate, total shipped in the Q is 42MT
Revenue: 84.82 x 0.875 x 0.92 (moisture) x 42MT = US$2868M
- C1: US$12.5 / wmt
- Shipping Cost: US$5.2 / wmt
- Royalty: US$4.95 / wmt
- Admin: US$0.32 / wmt
Total Delivery Cost: 12.5 + 5.2 + 4.95 + 0.32 =US$23 x 42MT = US$966M
Other cost: US$120M (Interest), US$20M (Exploration), US$80M (Capex)
Otherec Q we had working capital increased by US$385M, if half is reversed in March Q, +$190M
So money in the bank at the end of March:
US$1160M +2868 - 966 -120 -20 -80 +190 - 1000 (Debt Repayment) = US$2B.
Scenario 2: 85%, -US$75M
Scenario 3: 90%, +US$75M
Regardless we should see big numbers next Thursday.
DYOR.
Frank.
Iron ore price, page-297
-
- There are more pages in this discussion • 52,311 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$21.90 |
Change
0.040(0.18%) |
Mkt cap ! $67.42B | |||
| Open | High | Low | Value | Volume |
| $21.92 | $22.11 | $21.82 | $224.3M | 10.10M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 3932 | $21.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.90 | 400 | 1 |
View Market Depth
| Last trade - 16.10pm 20/06/2024 (20 minute delay) ? |
| FMG (ASX) Chart |