FMG 1.20% $21.41 fortescue ltd

According to half year results released on 16 February...

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    According to half year results released on 16 February 2022:
    "Average revenue of US$96/dry metric tonne (dmt) represented a 70 per cent realisation of the average Platts62% CFR Index (H1 FY21: US$114/dmt, 90 per cent realisation)".

    After finding the averages of Seaborne index 58% Fe fines and Seaborne index 62% Fe fines from http://www.custeel.com/en/csi.jsp for the corresponding half of the year, I found that 70% from 62% Fe is perfectly matched with 58%Fe.
    Last edited by irynka: 28/02/22
 
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