Short Term Trading Weekend Lounge: 4 - 6 Dec, page-37

  1. tiramisutiger
    223 Posts.
    lightbulb Created with Sketch. 104
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    05/12/20
    22:18
    Post #: 49370641
    https://hotcopper.com.au/data/attachments/2709/2709501-5d3683b1bbdffc3bd016ce5aca3df6d1.jpg

    So apparently we are up to $145 / Tonne for Iron now. Another 5.8% increase. Revising my FEX (Fenix Resources) EBITDA number to $105M! That's bordering on insanity.

    Not to mention that $145 is the price for 62% and FEX is selling 64% Quality Iron Ore.
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    lightbulb Created with Sketch.  Great analysis
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