Hi,
based on chenlkn's great post here: http://hotcopper.com.au/post_single.asp?fid=1&tid=1795185&msgid=10467156 I did a quick update in case BCI's sales price goes to $100 per ton:
In which case FMG will produce at a loss based on figures I saw today, when factoring debt financing. (Break even just over $100)
Thought I'd share it:
p/e of 4 @ $2.62 per share @ $100 per ton
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