The $125-130 price is not coming for us soon...Let's spell it out for the umpteenth time. Hedge on 50 000tpm 62% fines is $A230 CFR for 12 months from Oct1. Rest of production is exposed to spot price but wait there's more....the rest of the production is higher grade lump which gets 2 x premiums that being grade and lump. Got it yet?
Price of Iron Ore, page-109
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28.5¢ |
Change
0.010(3.64%) |
Mkt cap ! $205.3M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 28.5¢ | 26.5¢ | $944.0K | 3.391M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10 | 28.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 194608 | 3 |
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