There's always a lot of speculation about how cost effective vale will be when they complete their new mine. To me it seems so pie in the sky it's like a 6 year old talking up how rich he'll be when he grows up. I think id be a pretty nervous shareholder given management have been unable to turn a profit at these levels for an extended period. In the hope to do so they've sold their souls to the devil in the Chinese with the $5b jv and taken on a sh@t load of extra debt and still have no guarantees they'll be competitive given the companies own 2017 guidance of $40 per tonne. I guess the difference is fmg have the runs on the board as far as a low cost, competitive producer. One of only three in the world.
- Forums
- ASX - By Stock
- FMG
- The Worlds Lowest Cost Producer
The Worlds Lowest Cost Producer, page-19
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FMG (ASX) to my watchlist
(20min delay)
|
|||||
Last
$16.20 |
Change
0.080(0.50%) |
Mkt cap ! $49.87B |
Open | High | Low | Value | Volume |
$15.98 | $16.34 | $15.91 | $139.5M | 8.619M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 70232 | $16.19 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$16.20 | 830 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 70232 | 16.190 |
5 | 4974 | 16.180 |
1 | 2800 | 16.170 |
3 | 110264 | 16.160 |
2 | 131 | 16.150 |
Price($) | Vol. | No. |
---|---|---|
16.200 | 830 | 1 |
16.210 | 310 | 1 |
16.220 | 1000 | 1 |
16.230 | 1000 | 1 |
16.240 | 1054 | 2 |
Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
Featured News
FMG (ASX) Chart |