VMS Notice 12/08/2020
FID based on price of US$90.00t for 62% Fe.
Tables state we have 57% grade which will be paid at a lower price.
Operating Cost of A$56/t fob (notice 22/08/2019), we are yet to see an update on this and may take until Xmas with plant at 100%.
Expecting A$31 million cash surplus over 2 years.
Price bubble, page-31
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