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

  1. Dancing
    5,154 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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Last
$16.20 		Change
-0.030(0.18%) 		Mkt cap ! $49.87B
Open High Low Value Volume
$16.40 $16.42 $16.18 $63.85M 3.928M

Buyers (Bids)

No. Vol. Price($)
2 8627 $16.20
 

Sellers (Offers)

Price($) Vol. No.
$16.24 200 1
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Last trade - 16.10pm 09/07/2025 (20 minute delay) ?
FMG (ASX) Chart
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