Warning: this 9c share may only be worth $4 if the price of iron ore slumps to $100, page-63

  1. 6,357 Posts.
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    we purchase IO from Aus and invested IO projects in Brazil in the past.

    Okay it’s just my personal view that it is impossible in Australia to produce 62%+Fe via benefication of 15%Fe at cost less than $200 per ton. I also donot think any bank can provide funding for such a project. Time will tell, good luck!
 
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