FMG 1.56% $18.27 fortescue ltd

This is hard to tell due to the undisclosed contract prices. I'm...

  1. 3,123 Posts.
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    This is hard to tell due to the undisclosed contract prices. I'm pretty sure it's improved from last Q. Last Q was 38%, I'm think it's about 30-35% for the Q, closer to 30% ATM.

    If they can ship 170MT for the FY and discount is improving, this will give SP a big boost.

    I think once the AGO saga is over, SP will head north regardless.

    DYOR.
    Frank.
 
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