FMG 1.32% $19.47 fortescue ltd

Repost - Query concerning FMG cost coverage and breakeven, page-19

  1. 3,510 Posts.
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    Are you saying that over & above the $700m repaid so far away this year, a further $1.3b or another $2.0b debt repayment?

    Either way gearing will be substantially less and if the 488.0b paid @ 6.875% even better for reducing interest cost, profit and cash flow

    Just need IO price to stay above $60.00 - $65.0mt average and realised price (say 18.50% discount like 2016) will be $50.0mt to $54.00mt

    $5.00 to $9.00mt better off in profit and net after tax cash flow

    $800.00m to $1.5b additional profit based on 165.0mt production
 
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