FMG 1.56% $18.27 fortescue ltd

Iron ore price, page-5254

  1. 128 Posts.
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    Concerns with price they are getting for 58%, current at 66% average according to the recent report.

    Production costs is very good at 12us, shipping costs, running costs. what is the total costs and net profit?

    It seemed like the debt has gone up to 3.3bil, only 0.9bil left in which they have to pay:

    1. up coming dividend.
    2. tax payment
    3. expansion.

    Currently monitoring the stock to look for a good entry point.

    Any advise at a good entry price for this stock base on the risk above.

    Ta.
 
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