FMG fortescue ltd
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Wet/Dry Cost/Price, page-7

  1. Dancing
    5,156 Posts.
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    29/01/15
    12:14
    Post #: 14658750
    I don't think so.

    The first calculation is to get from wet cost to dry cost i.e. $41 to $46 wet to dry.

    The second 15% reduction is to get from IO spot at 62% grade to FMG's dry price at that grade i.e. 85% of average spot at US$74/t equals US$63/t.

    That's from my understanding now.

    At least FMG quote their selling price without us having to do that calculation.
    FMG Price at posting: $2.15 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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$16.78 		Change
-0.120(0.71%) 		Mkt cap ! $51.66B
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$16.99 $17.02 $16.61 $149.1M 8.900M

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No. Vol. Price($)
2 865 $16.78
 

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Price($) Vol. No.
$16.79 5475 4
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Last trade - 16.15pm 15/07/2025 (20 minute delay) ?
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