FMG 5.31% $19.27 fortescue ltd

Only the bravest shorts remain, page-11

  1. 4,783 Posts.
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    Guidance is 1:1 for FY17 and an average of 1:4 in next 5 years (with plans to decrease this ratio).

    Costs overall are still coming down as I have quote the $34/t FY16 average. In the second half it was actually $33/t.

    You can knock off $3/t when debt is completely gone in 3 years too.
    Last edited by Dancing: 01/09/16
 
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