you need to do a bit more research on those numbers
13.5 is their C1 wet cost per tonne delivered to china
our achieved price per dry metric tonne is around 85% of the 62% price
at current 62% price of 84 (USD71.5 gross)we are only making around AUD7b or AUD2.32 EPS P/E of 4.62 still good enough for me GLTAH
Iron ore price, page-21200
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