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0.00% 9.1¢ gwr group limited

Ann: C4 Iron Ore Deposit - Production Update, page-75

  1. rookstar
    4,793 Posts.
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    13/09/21
    14:08
    Post #: 56021594
    Hi,

    You really should be reading the announcements, GWR has a $10 draw card where they can stop operations.
    The USD$125 cost per tonne (roughly) would be the lowest point where this would occur. FX $0.75.
    Otherwise Fel may pick up some extra contractors as they hedged the ore price where GWR didnt.

    As the aus dollar comes down, there would be more breathing space.
    Calculation includes shipping.

    Good luck!
    GWR Price at posting: 17.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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