FAS neighbor costs down to $48 ton

a interesting read on cliffs Koolyanobbing iron ore operations in todays australian page 20 there costs are down to us$48 ton in 2015 & states it has strong cashflow & continues to generate healthy EBIT despite depressed prices. they are sellers but if a good price is not reached they will keep the mine till it is depleted in 6 years.price guide is $500mill to $1 bill for a 6 year mine life ? . SHIP 15 /20 year potential? SHIP has value & asian players i think know that ..see how it all pans out for good ship fairstar..dyor