"Early stages of exploration indicate multi-billion tonne potential and high grades," the company said. 75/. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. Oct 3 (Reuters) - Fortescue Metals Group Ltd (FMG) : IT HAS TAKEN THE LEAD INVESTOR ROLE IN ELECTRIC HYDROGEN’S (EH2) US$380 MILLION SERIES C FUNDING. 433 Billion. I dont think this has anything to do with the H gas furphy. Gordon Cowe Get the latest Fortescue Metals Group Ltd (FMG) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions. 30 or 3. As mentioned in earlier post there's a chance the squeeze continues into opex tomorrow but bulls would probably like to see a pullback as it's not healthy to be ripping at such pace. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. STN Saturn Metals reports high-grade gold intersections and visible gold at Apollo Hill, WAFMG will be fine. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. Join the HotCopper ASX share market forum today for free. Sept 22 (Reuters) - Australia's Fortescue () said on Friday it will divert funds that were allocated to carbon offsets towards its decarbonization plan in a bid to achieve "Real Zero" by 2030. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. But FMG cant or wont do battery plants or mills or EV commodities in Australia like Li Ni Co Mn, LOL. 22% more bullish than other Basic Materials sector stocks. march 28 (reuters) - srg global ltd () : infrastructure contract with fortescue secured valued at about a$55m ; contract expected to commence in march 2023 with a duration of approximately 9 monthsFMG has shown lows at 19. Among Australia's top three miners, both Rio Tinto and Fortescue Metals Group (FMG) cut their shipments to China, according to the survey. Twiggy would luv to be able to say that he's a lithium miner. Market . That means investors participating fully in the plan will. I dont think this has anything to do with the H gas furphy. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. Pump and dump , taking elder aussies hardearned dollars for a rideTomboy going Cuckoo, page-10094. Created with Sketch. As mentioned in earlier post there's a chance the squeeze continues into opex tomorrow but bulls would probably like to see a pullback as it's not healthy to be ripping at such pace. Latest Posts. ASX - By Stock. FMG has shown lows at 19. HotCopper has news, discussion, prices and market data on FORTESCUE METALS GROUP LTD. Last updated 14. 8 dry/ 15. I have always thought FFI would be well placed to raise debt funding if required and at some point equity funding if FFI is spun off into a separate public listing. 71 franking credits from your FMG Dividend but franking credits from other dividends throughout the year which took your total franking credits above $5K then you would need to satisfy the 45 day rule to claim the FMG franking credits in your example. FMG will be stretched to continue with the generous dividends of the recent past. The only reason it is 'quality' is the IO price has been far above the long term average due to Chinese demand. FMG always does about a 15% discount on the iron ore price what ever it is. Created with Sketch. 60 to 5. Latest Posts. We would like to show you a description here but the site won’t allow us. Latest Posts. As mentioned in earlier post there's a chance the squeeze continues into opex tomorrow but bulls would probably like to see a pullback as it's not healthy to be ripping at such pace. Its nearly always they pushed down FMG's share price the day before ex-div. 59pm 21/11/2023 ? HotCopper has news, discussion, prices and market data on FORTESCUE METALS GROUP LTD. March 10 (Reuters) - Australia's Fortescue Metals Group () is cutting a few hundred jobs as part of its efforts to maintain cost position, a person familiar with the matter told Reuters on Friday. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. when fmg was $6 a share all options traded at a very nice premium and continued to do so for some time. Fortescue wants to popularise green hydrogen made with low emissions. Access the latest research articles and market investment insight for FORTESCUE METALS GROUP LTD seamlessly. Literally one of the best moves I’ve ever made financially. A very low currency is great news for our exporters. I dont think this has anything to do with the H gas furphy. Iron ore hovering between $170US/T to $200US/T or high their selling price might be. 00. 4,556,208. Australian mining billionaire Andrew Forrest called ahead of next week's COP26 climate talks for governments to ensure massive existing subsidies for. 37. ASX - General. Our currency is falling too so our profits are still about $100AU per tonne which you seem to be forgetting about. FMG and IPL commencing front end engineering design for conversion of Gibson Island to green hydrogenI invite tweetr fund manager to sauna. 200(0. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. Coincidently, a 30% premium over todays $111. We have some of the cheapest solar in the world, meaning cheapest hydrogen and can ship around the world to. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. 5 This gives a FMG break even price (62% Fe dmt) of US$84. 3% in August. 10 $17. Our currency is falling too so our profits are still about $100AU per tonne which you seem to be forgetting about. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. As mentioned in earlier post there's a chance the squeeze continues into opex tomorrow but bulls would probably like to see a pullback as it's not healthy to be ripping at such pace. FMG is currently redlining both MFI (around 90) and RSI (around 80), that's some pretty rare air up there. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. Created with Sketch. Danny Goeman Director of Sales and Marketing Mr. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. ASX - General. ASX - By Stock. I dont think this has anything to do with the H gas furphy. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. MELBOURNE, July 25 (Reuters) - Rio Tinto () is the first of the global iron ore majors expected to report lower half-year earnings from this week, as supply chains normalise after COVID-19 and attention turns to how suppliers to China's steelmaking industry see customer demand. Jimmy had better be good May 19, 2023 – 11. Join the HotCopper ASX share market forum today for free. sept 22 (reuters) - fortescue () : will announce that from this financial year onwards it will no longer buy carbon offsets ; all funds allocated to carbon offsets will be diverted to fortescue's decarbonisation plan to achieve real zero by 2030FMG has shown lows at 19. Created with Sketch. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. FMG has shown lows at 19. Join the HotCopper ASX share market forum today for free. FMG is currently redlining both MFI (around 90) and RSI (around 80), that's some pretty rare air up there. I dont think this has anything to do with the H gas furphy. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. They've already highlighted that there's substantial interest in their product. Created with Sketch. $21. FMG have highlighted in previous announcements that they're aiming to hit their first target of approximately just under 1mt by mid year. 90 Does this sound correct? I image the two variables in this would be Royalty (if iron ore prices drop royalty drops) and By the Hotcopper 'gurus' always think they know better. FMG has shown lows at 19. 20. PPI inflation figures are out tonight and the Fed’s next. Established in 2003, Fortescue is a proud West Australian company. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. I dont think this has anything to do with the H gas furphy. I dont think this has anything to do with the H gas furphy. Market Cap $77. FMG is currently redlining both MFI (around 90) and RSI (around 80), that's some pretty rare air up there. 14%. Specifically, Rio Tinto's shipping volume reversed from the prior week's growth and dropped by a marked 682,000 tonnes or 12. 295859. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. Coincidently, a 30% premium over todays $111. 18 by $0. As mentioned in earlier post there's a chance the squeeze continues into opex tomorrow but bulls would probably like to see a pullback as it's not healthy to be ripping at such pace. FMG has shown lows at 19. 32. FMG has shown lows at 19. Fortescue Metals Group Ltd (FMG) is an ASX listed company which is into exploration, development, production, processing and sale of iron ore, and the transition to a global green renewables and resources Company through the activites of FFI. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. Sovereign Metals (ASX:SVM) is a WA based, Malawi-focused rutile minerals sands explorer, sitting on potentially the largest rutile deposit on earth. FMG has shown lows at 19. MarketFMG has shown lows at 19. , page-2. FMG has shown lows at 19. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. I dont think this has anything to do with the H gas furphy. Join the HotCopper ASX share market forum today for free. . 67c. Fortescue Metals Group has taken the next step in its bid to challenge BHP Billiton’s domination of towage services at Port Hedland, ordering six tugboats, to be built at a Vietnamese shipyard. You didn't tell me - are there any lithium producers (as opposed to explorers, speculators etc) in Australia making a profit?FMG has shown lows at 19. HotCopper does not endorse, approve or have responsibility for any offer or statements made and is not a publisher or have editorial influence for any research provider. 10 $17. I dont think this has anything to do with the H gas furphy. ASX - Day TradingShare. June 27 (Reuters) - Australia's Fortescue Metals Group () said on Tuesday that the Belinga iron ore project, located in the northeast of Gabon, is on track for first shipment by the end of this year. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. Noting FMG rites are for the commercialisation of the tech for the mining industry and recently stated objective of base power pilot plant at one of it's mining operations and intentions to investigate hydrogen usage by its current cliet list. I hope u get better results than FMG. I dont think this has anything to do with the H gas furphy. In case you haven't been following the news he has been systematically dismantling corporate capitalism and cooling the property market for the past 2-3 years. . Oct 13 (Reuters) - Fortescue Metals Group Ltd (FMG) : FORTESCUE GREEN HYDROGEN PROJECT SELECTED BY US DEPARTMENT OF ENERGY TO DEVELOP PACIFIC NORTHWEST. Created with Sketch. That is 50 more than his. Share. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. Share. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. And if you've got 100,000 FMG shares you're probably not worried about paying for each pizza! that's my . Users share their opinions, charts, and speculations on FMG's future and its relation to. FMG Price at posting:. FMG is currently redlining both MFI (around 90) and RSI (around 80), that's some pretty rare air up there. Created with Sketch. FMG has shown lows at 19. FMG has shown lows at 19. FMG will be fine. 81. Forums. . HotCopper has news, discussion, prices and market data on FORTESCUE METALS GROUP LTD. China doesn't 'have' to do anything. 872% on them tmrw earning $17. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. Pump and dump , taking elder aussies hardearned dollars for a ride Tomboy going Cuckoo, page-10094. share. Forums. . 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. Last updated 12. 97%) Mkt cap ! $64. I dont think this has anything to do with the H gas furphy. 3,079 shareholders @ $1. ASX - By Stock. 65. I dont think this has anything to do with the H gas furphy. Yes 7. . . 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. FMG is currently redlining both MFI (around 90) and RSI (around 80), that's some pretty rare air up there. Cant see the client FMG letting WSI flounder in the middle of this project. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. This makes up a final dividend of $2. 67. 56. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. 7% in July to 4. FMG has shown lows at 19. $21. Allkem’s trip from HotCopper tiddler to $16b lithium major. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. FMG is the best company Australian. The western economies are going into recessions but WA is BOOMING. Needless to. FMG has shown lows at 19. I dont think this has anything to do with the H gas furphy. Forums. Great result, well done FMG. Market . NEWS Subscribe to our Daily Newsletter and access exclusive HotCopper insights. Update - Dividend/Distribution - FMG. So GS product discount and moisture adjustment additional costs of US $43. There are currently no articles available for FMG (ASX). Gainers & Losers. FMG has shown lows at 19. I dont think this has anything to do with the H gas furphy. Click for more information. 30000. Every time I watch Andrew talking about green hydrogen, I become more motivated to invest more in FMG . Update - Dividend/Distribution - FMG. FMG has shown lows at 19. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. Shares in the world's fourth largest iron ore miner fell 4. . 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. Something they will collaborate first in Pilbara and my hope is a large money of investment made by Rio to FFI global? Just hope but a good sign in the right direction. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. Comments. As I have posted several times my guesstimate is by 2030 , the SP will be minimum 50 dollar and meanwhile we can enjoy the fat dividend we are getting from the Iron ore printing money business . . Latest Posts. Created with Sketch. I dont think this has anything to do with the H gas furphy. I dont think this has anything to do with the H gas furphy. FMG has shown lows at 19. FMG Price at posting: $20. ASX - Day Trading. FMG. 35% $21. FMG is currently redlining both MFI (around 90) and RSI (around 80), that's some pretty rare air up there. FMG's all in cost of production is USD35 and its production is in the order of 180mtpa. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. SHORTS are BURNING today but looking to turn the tables yet again as global equities & macro factors weigh in soon. As an FMG shareholder I would prefer to keep any iron ore plays completely separate from lithium plays unless there were overwhelming arguments for synergies between the two plays. 00 Div = $3. Add FMG (ASX) to my watchlist (20min delay). 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. 00. Beautiful dragonfly doji with long tail and small head today at the 4 month bear run lows after a rounding top pattern formed since September This signals. Those who think trading is the answer to riches are found prices out and or paying todays price to get set in again. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. FMG has shown lows at 19. Rio Tinto (RIO) is asking train drivers working in mineral-rich Western Australia to work more hours, following a move by rival BHP Group, as miners rush. FMG has broken up out of a pennant pattern which suggests higher prices ahead. As mentioned in earlier post there's a chance the squeeze continues into opex tomorrow but bulls would probably like to see a pullback as it's not healthy to be ripping at such pace. I dont think this has anything to do with the H gas furphy. So, if the iron ore price averages USD$150 a tonne over the coming 4th Quarter, I reckon an average received price of USD$110 a tonne is pretty spot on. Forums. 56. As mentioned in earlier post there's a chance the squeeze continues into opex tomorrow but bulls would probably like to see a pullback as it's not healthy to be ripping at such pace. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. 0714 after Franking at company tax rate of . "people are suffering in the world" looks like our little guy is crying from inside, guys and gals I have a huge home loan (yes I took loan which I cannot afford) I am short please stop buying this goddamn share. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. Target our investor community with our suite of Hotcopper Advertising opportunities. Oct 13 (Reuters) - Fortescue Metals Group Ltd (FMG) : FORTESCUE GREEN HYDROGEN PROJECT SELECTED BY US DEPARTMENT OF ENERGY TO DEVELOP PACIFIC NORTHWEST. I dont think this has anything to do with the H gas furphy. Features the latest business, sport, entertainment, travel, lifestyle, and technology news. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. Created with Sketch. FMG has shown lows at 19. 5% moisture for dmt, and the grade discount varies a lot over time. The only reason it is 'quality' is the IO price has been far above the long term average due to Chinese demand. Share Price Activity (ASX) Last (Price) Change: 0. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. Created with Sketch. FMG is currently redlining both MFI (around 90) and RSI (around 80), that's some pretty rare air up there. At least 25 dollars per share. 5¢. he tell me stock FMG too high. I dont think this has anything to do with the H gas furphy. They would have done their due diligence on WSI beforehand and assessed their. I dont think this has anything to do with the H gas furphy. 2%. FMG has shown lows at 19. Dividends take care all bills. FMG has shown lows at 19. 22% more bullish than other Basic Materials sector stocks. Minus shipping & Moisture, our profit per tonne is $75. As mentioned in earlier post there's a chance the squeeze continues into opex tomorrow but bulls would probably like to see a pullback as it's not healthy to be ripping at such pace. 90 Does this sound correct? I image the two variables in this would be Royalty (if iron ore prices drop royalty drops) and By the Hotcopper 'gurus' always think they know better. FMG are already seeing strong demand for their high-grade magnetite product. 0. I dont think this has anything to do with the H gas furphy. Join the HotCopper ASX share market forum today for free. "people are suffering in the world" looks like our little guy is crying from inside, guys and gals I have a huge home loan (yes I took loan which I cannot afford) I am short please stop buying this goddamn share. 00 a ton for 62% iron ore. FMG is currently redlining both MFI (around 90) and RSI (around 80), that's some pretty rare air up there. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. Created with Sketch. As mentioned in earlier post there's a chance the squeeze continues into opex tomorrow but bulls would probably like to see a pullback as it's not healthy to be ripping at such pace. FMG has shown lows at 19. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. The only way to make money on FMG is to buy at lows and hold long and sell at tops like I did 2. FMG has shown lows at 19. Or convert back to Hydrogen at the other end at around $8/kg for better profitMarch 31 (Reuters) - Fortescue Future Industries APPOINTMENT OF CARLOS LANGE, FORTESCUE FUTURE INDUSTRIES PRESIDENT EUROPE. 12 for $21,200 would then be worth $210,000 plus $74,000 in dividends = $284,000. Hi Samboy, As pointed out, FMG was ex dividend yesterday by 25 cents (fully franked). And then when hydrogen money has actually in the bookeeping ledger. FMG has shown lows at 19. Dex FMG Price at posting: $19. FMG has shown lows at 19. A key attraction in Mincor is a nickel sulphide deposit it. Local media reported Fortescue, the world's No. Become a member of Australia's largest investment discussion forum. FMG has shown lows at 19. Created with Sketch. We would like to show you a description here but the site won’t allow us. FMG has shown lows at 19. FMG will use its new tugs to compete with BHP’s monopoly on towage services at Port Hedland, the world’s busiest bulk-handling port. Charts. Get the latest Fortescue Metals Group Ltd (FMG) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and. If AF or FMG want to corner the rare earths market they have been terrible at it imho. FMG shares appear to be in a long-term bearish trend confirmed by a falling 200-day moving average. I dont think this has anything to do with the H gas furphy. I dont think this has anything to do with the H gas furphy. Get the latest Fortescue Metals Group Ltd (FMG) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. FMG has shown lows at 19. 75/. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. 737 for its upcoming $1. FMG has shown lows at 19. clock. Fortescue Metals Group(ASX:FMG) Fortescue Metals Group. ASX - Short Term Trading. ASX - Short Term Trading. Sentiment: Buy Disclosure: Held. 59pm 22/11/2023 ? HotCopper has news, discussion, prices and market data on FISHER & PAYKEL HEALTHCARE CORPORATION LIMITED. 5c ps to Admiral Gina who went on to make $16B from it and making FMG miss out on a whopping $3B in value there while us seamen swam the drink. Australian iron ore magnate Andrew Forrest announced on Thursday a $500 million commitment towards the launch of a $25 billion international investment. Fortescue Future Industries is a step closer to becoming a. Fortescue Metals Group Ltd sentiment based on opinions from HotCopper, SeekingAlpha and others. F. Initiation Report: MyFiziq (ASX: MYQ) generating million dollar revenues. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. Among Australia's top three miners, both Rio Tinto and Fortescue Metals Group (FMG) cut their shipments to China, according to the survey. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. nothing special, happens across the board almost every day - special crossings, need to route it through the exchange for audit purposes. Created with Sketch. Share (Adds details of decarbonisation in paragraphs 2-6) Sept 22 (Reuters) - Australia's Fortescue () said on Friday it will divert funds that were allocated to carbon offsets towards decarbonisation in a bid to achieve "Real Zero" by 2030. Average price received: USD$88 a tonne . 47 Sentiment: Buy Disclosure: Held. If FMG deposit is so good than why isn't it operating already. Nov 29 (Reuters) - Australia's Fortescue Metals Group (FMG) said on Tuesday Fiona Hick will be appointed as chief executive officer in February 2023. Join the HotCopper ASX share market. Beautiful dragonfly doji with long tail and small head today at the 4 month bear run lows after a rounding top pattern formed since September This signals. I remember your enthusiasm from elsewhere on hotcopper. FMG is a very sound company but it has its present day challenges those being sharp increase costs of production which can be broken down to two main factors - increased labor costs and increased fuel costs. 00 and rebounds out to 22 several times In fact since 14 nov 2022 it has been range bound 19-23 And the lows under 19. FMG is currently redlining both MFI (around 90) and RSI (around 80), that's some pretty rare air up there. In AGO captain AF declared it a strategic asset then flipped it for pathetic 25% margin at 4. 50 have rebounded out toward 22 I think this is due to the IOP staying above 100 (now 130) which boosts FMG margins & FCF. FMG has shown lows at 19. Created with Sketch. Created with Sketch. 65% has a ~15% premium over 62%, expect ~30% premium over 62% for our product. We are Fortescue.