FMG 2.89% $16.82 fortescue ltd

Iron ore price, page-53863

  1. 3,155 Posts.
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    Not debt due for the next 12 months.
    Only $968 million due, and we have $5000 million in the bank. all good, no stress.... cool.pngbiggrin.png
    https://hotcopper.com.au/data/attachments/6384/6384782-5820522b08b61746f5cc57ee63a34b8b.jpg
    But cashflow issues are concerning...
    Big costs next year of up to $5 billion eek.png might need to make more cutbacks if IO stays below $110
    https://hotcopper.com.au/data/attachments/6384/6384824-63021bdf97398b49c4a67d49899bfb39.jpg


    Might need some extra debt to pay for the decarb mad.png

    Or drop the divie to 50c to pay for the years CAPEX


 
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