FMG 1.48% $18.29 fortescue ltd

weak china steel demand will continue! , page-13

  1. 169 Posts.
    goldbear77,

    I agree with excellent comments and calculations.

    Modelling AVERAGE prices over the next 5 years...
    Including 0.20 dividend a year
    Constant Currency = 0.925

    IronOre @ $US98 = CASH $US 810m

    IronOre @ $US88 = (DEBT $US 4464m)

    IronOre @ $US108 = CASH $US 6646m








 
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