It’s finely balanced isn’t it. If the IO price keeps dropping as a high cost producer you can understand why we get smashed. If the price holds we are all good and in the black. Reading through the results again it mentioned that FOB price in Q1 was approx. $140 and they were making healthy profits with that price. wouldn’t want it to fall too much below that point.
Ann: C4 Iron Ore Deposit - Production Update, page-11
-
- There are more pages in this discussion • 107 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
