For the record the 5c dividend in March 2013 was for the period when IO price dropped to 80c or so and we were still only 50% of the FMG JV.
With a lower $A, higher IO price by some 40-50c (all profit) and 75% share of the JV, this subsequent corresponding half year result will be a marked improvement.
I still believe the lower $A will be the unfolding theme of this year and beyond and this is set to give aussie miners either some cushioning to otherwise though conditions and prices, or some cream.
price drop, page-13
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