Its complicated.
C1 is about $1.3B, if USD is stronger, I think that should go down, if Aussie is up, that cost should go up. Wages are paid in AUD, but about half of that will be things like diesel & machinery which are probably paid in USD anyway.
This half year is about:I'd say 1c FX equals 2c dividend extra for this half.
- $12.4B Revenue
- $6.7B NPAT (wow thats actually 50%!)
- $5.36B USD paid in dividends. $2.24
- Each 1c FX equals about 1.73c extra dividend per share
- Add a little extra for C1 gains....
But don't forget that is already baked in.
Iron ore price, page-34213
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