There has been some good information released here so I have...

There has been some good information released here so I have decided to update my FMG FY2018 Forecast. Here it is:

	Column 1	Column 2	Column 3
0		Units	2018
1	A. ASSUMPTIONS:[/B]
2	IO Shipments	wmts	170
3	Moisture content	%	8.50
4	IO Shipments	dmts	156
5	Average Platts 62% Fe CFR	US$/dmt	63.35
6	Product discount	%	71.00
7	FMG Average realized IO price	US$/dmt	44.98
8	C1	US$/wmt FOB	12.00
9	Shipping Cpst	US$/wmt	7.00
10	Royalty	%	7.50
11	B. THE RESULT:
12	IO Revenue	US$m	6997
13	Other Revenue	US$m	112
14	Total Revenue	US$m	7109
15	C1 FOB	US$m	2040
16	Shipping	US$m	1190
17	Royalty	US$m	525
18	Administration	US$m	56
19	Exploration	US$m	50
20	Total Operating Cost	US$m	3861
21	EBITDA[/B]	US$m	3248
22	Depreciation	US$m	1258
23	EBIT	US$m	1990
24	Interest	US$m	342
25	PBT	US$m	1648
26	Tax - 30%	US$m	495
27	PAT	US$m	1153
28	EPS	US$	0.37
29	FCF	US$m	2062
30	Capital	US$m	(908)
31	Dividends - 65% PAT	US$m	(750)
32	Net Cash Flow	US$m	404
33	OCB	US$m	1838
34	CCB	US$m	2242
35	Debt	US$m	(4471)
36	Net Cash/(Debt)	US$m	(2229)

The Average Platts 62% Fe CFR price = Average of monthly futures prices to 30/6/17
There you have it. All my secrets revealed. Please feel free to tear it to bits as I hope you would do because before any investment DYOR