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FMG does dividends and their cost price per tonne is $15 where...

  1. Nolan78
    4,695 Posts.
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    19/08/21
    01:12
    Post #: 55400181
    FMG does dividends and their cost price per tonne is $15 where SRK cost price is $80/T/US and that is a problem.
    The delta virus is the main reason IO prices are falling due to China having lock downs as are many countries now.

    BHP and RIO cost price is about $22US/T.

    FMG returns via dividends is about 18% per year so they pay for themselves over a 5 to 7 year period.
    And that is the difference and another reason why Atlas Iron failed.


    SRK Price at posting: 21.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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