FMG 1.66% $19.29 fortescue ltd

For FY22Q1 released the 28/10, I am expecting:- Iron ore...

  1. 92 Posts.
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    For FY22Q1 released the 28/10, I am expecting:
    - Iron ore shipments 45mt (last Q1 was record first quarter with 44.3mt. Guidance for this FY is 180 to 185mt)
    - C1 cost of US$15.50wmt (FY21Q1 was 12.74 and increased to 15.23 in FY21Q4. Guidance for this FY 15.00 to 15.50)
    - Average revenue of US$ of 136.50

    -> At 80% div. pay ration, AU$ 0.86 will contribute to the half year dividend.
 
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