Hahaha, majority of posters see and read my WHOLE post including this paragraph:
"And that is just 20MT, imagine replace 50MT of Hematite with Magnitite, at CURRENT realised price around US$40 for FMG‘s Hematite, NPAT could increase from US$1B (170MT Hematite) to US$3B (120MT Hematite + 50MT Magnetite)."
Yes, FMG's current realised price is around US$40, but does the price stay at US$40 for the WHOLE year??
This is how some posters with short glasses read my post:
".......................................FMG‘s ........, NPAT ..................$1B .............................................."
Hilarious.
DYOR.
Frank.
Iron ore price, page-3431
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$19.54 |
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Mkt cap ! $60.16B | |||
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| No. | Vol. | Price($) |
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| 1 | 2000 | $19.52 |
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| Price($) | Vol. | No. |
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