My estimates for RIO:
Annual production: 330Mt
RIO share: 261Mt
Best estimated all in cash cost: US$35/t
Spot 62% Platts iron ore price: US$60/t
Gross profit before depreciation & income tax: 261Mt x (US$60-US$35) = US$6.5 billion
According to RIO' recent presentation:
Capex for RIO: US$7b, for Iron Ore will be approx. US$4b (estimated per 2014 annual report)
Net cash flow for the year:
- Gross profit US$6.5 billion
- Less: income tax: US$1.2b (estimated)
- Capex: US$4b
RIO: Net cash flow generated from Iron Ore Division: US$1.3b
E/V: US$37b
FMG: net cash flow generated from Iron Ore: US$2b
E/V: US$15b
My estimates for RIO: Annual production: 330Mt RIO share: 261Mt...
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Last
$20.14 |
Change
0.180(0.90%) |
Mkt cap ! $62.01B | |||
| Open | High | Low | Value | Volume |
| $20.11 | $20.40 | $19.80 | $203.8M | 10.11M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10 | $20.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.14 | 17291 | 1 |
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| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |