From the PFS
"The forecast annual EBITDA is $16.4 million based on C1 cash operating costs of $76.86 a tonne and an
assumed 62% Fe index price of $111.43 per dry metric tonne (dmt) (US$78/t at a foreign exchange rate of
US$0.70 per A$). This compares with the current benchmark price of $123.33/t...
Sinosteel have a agreement for 50% ....price is monthly average of Platts price..
That $111 in the PFS is the only amount that I can remember reading ...
Media Releases, page-397
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