FMG 6.74% $6.36 fortescue metals group ltd

FMG breakeven point?

  1. 128 Posts.
    Quote from The Age today:  

    "FMG said last week that its current break-even point had improved rapidly to about $US53 a tonne, from about $US60 a tonne late last year. "

    is US$53 correct?  from their quarterly i worked out to about $57.  $53 is a huge buffer from $61.50 currently
 
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