FMG 1.86% $19.54 fortescue ltd

Ann: Iron Bridge Project Update, page-7

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  1. 374 Posts.
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    Look at GRR. They produce 2.5 mt 65% fe pellets and make a heap of cash. Their C1 costs are about $113. Wow 22 mt with C1 costs of $45 including sustained capital ($38 + $7). That will send the SP soaring. Shame it does not start till Dec next year.
    MUDDY
 
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