FOB is $50 - $55/mt. + shipping $10 + royalties $10 = $70 - $75/mt.
I do not know where $50 comes from.
Currently $125 62% FE. FAS would probably sell for $115 AUD or $105 USD. Margin before marketing of $25 - $30/ mt.
DYOR
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$1.00 price target, page-88
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