https://www.argusmedia.com/en/news/2255477-australias-smaller-iron-ore-miners-revise-plans 'GWR operated at an unaudited cash cost of A$120.30/wet metric tonne (wmt) ($88.20/wmt) fob Geraldton, WA in April-June. At an average realised price of $185.50/dry metric tonne (dmt) fob, the firm was highly profitable in April-July but at half that price it is marginal, particularly when accounting for development costs and royalty payments.'
GWR Price at posting:
14.0¢ Sentiment: Hold Disclosure: Held
