The forecast has been reaffirmed albeit at the lower end of the range. This means FMG is expecting to ship 54mt this quarter. That would give it a run rate just a tad lower than the record month of March
So even if we say they can produce 72mt over 4 months, this would be evidence that they can sustainably produce/ship 18mt on avg per month going forward. We should then see a significant increase in production numbers for FY25.
The forecast has been reaffirmed albeit at the lower end of the...
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$20.10 |
Change
0.700(3.61%) |
Mkt cap ! $61.88B | |||
| Open | High | Low | Value | Volume |
| $20.26 | $20.49 | $19.94 | $337.2M | 16.71M |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 38056 | $20.09 |
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| Price($) | Vol. | No. |
|---|---|---|
| $20.15 | 20000 | 1 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |