Stop guessing people!!!
ASX RELEASE – 11 DECEMBER 2014
NULLAGINE JOINT VENTURE AND COST GUIDANCE UPDATE
"Cost guidance for the remainder of FY15 revised to A$47-51 per wmt (FOB) for NJV C1 cash costs and A$54-61 per wmt (FOB) for BC Iron all-in cash costs."
Also off the top of my head, there is about a 20% discount to the price because of the ore grade.
Today:
AUD at 81.48 US cents
Iron ore slips 0.6% to $US68.30
That's 68.30/.81.48 * 80% = $67.06.
BCI $6.06 per wmt (FOB).
Have a good day.
bci, page-20
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