FMS 0.43% $1.17 flinders mines limited

Cost discussion, page-2

  1. 606 Posts.
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    Hi PS, nice post.

    I did some similar calculations in this previous thread.

    https://hotcopper.com.au/threads/ba...offered-to-fms-in-2014.3535290/#post-25769931

    FMS when in production is a cash cow. What we have to ensure is that we/FMS get charged fair and competitive haulage rates from BBIG. I assume this feasability study will look at other options and costings as well as just BBIG.

    The biggest issue I have with the previous haulage rates back in 2014, was that they were expecting FMS to pay back the rail project infrastructure cost in less than 3 years that Todd 100% owns. It is also Todd's and other's clients job to fund this infrastructure.

    Also most infrastructure projects have a 20 year payback timeline. Not a couple of years. IMO.

    This is not advice.
 
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