i think mitsubishi will walk away, page-32

yea right mits will walk away with huge profit in OPR and JH...

Mulgball

if murchison sell opR they only need $3.7/2 ===== 2b approx

if they get payment from mits which is expected to be around $2b...no cap raising needed

they will get some cash for selling OPR...

$65 to $68 is GBG iron ore production cost per ton

MMX has $34 + $3 (7% royalty) + infra charges

OPR has $6 cost per ton..how much tariff would they charge...

even though you consider mmx ore production cost get doubled with tariff, it will be around $74 per ton(which I doubt)

even with that production cost it will make project profitable even if you go 2 years bqack of ore prices...