re: mount gibson - crunch the nos. Hmmm. Little bit sceptical that the exchange rate movement puts the project out of business.
From what I recall the last time I went through the numbers, they had a big profit margin, and if one says that forex has worsened 20%, while iron prices have improved 10%, it should still be profitable.
Care to post the numbers/spreadsheet that was used to calculate the breakeven? ....in interest of an informed discussion....
mount gibson , page-23
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