So if the Dalian can get to 650 which looks very likely, you would assume lump will also rise + 58% could lsettle around US$55/58
If 58% can stay steady at $US55 which is AUD$69, AGO costs are AUD$54 & provably falling
then 2.25wmt @ 15wmt =33m per quarter if IO stay around $78/80
This is bestcase scenario & won't gappen this quarter but gives you an
indication that AFO can easily make $15m to $20m
Iron ore price, page-4115
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