MGX 0.00% 35.5¢ mount gibson iron limited

Ann: Global Iron Ore & Steel Forecast Conference Presentation, page-11

  1. 975 Posts.
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    they have been paying significant penalties for the lower grade ore they have been shipping due to the high silica content.

    this is why when we move to higher grade we should be seeing achieved pricing much closer to the reference price as the penalties drop right off.

    again though they need to start shipping some material for this to be relevant….
 
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