Going by the feasibly study production costs equate to $86aud/t ($62usd/t.) incl. royalties.. I see some here are stating $110usd/t ($151aud/t) production costs without the breakdown of costs... How do we end up with near double the cost of production than the feasibly study? As i said before the feasibly study showed FEX profitable at iron ore price at $78usd/t, we sitting around $150usd/t.... There are still healthy margins to be made...
FEX Valuation, page-327
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