Shipping costs - Found it
If you look at the Intersussie investment report on IFE December 2010 on the IFE website it states that the shipping costs would be approx $23 plus 5% so about $25.
If that is the case (someone could correct me if I am wrong) but doesnt that mean that if the current I/O price is maintained into the new year that the cost IFE would be selling at would be $185 minus $25 giving a sale price of $160 and therefore an additional $25 per tonne profit (minus the commission) not withstanding any reduction from the Lucky bay port option
mla approved, page-25
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