Spread between the 63.5% iron ore price and the 58% fines has really narrowed from when Riley exported a couple of years ago. $128 USD/MT for the 58% grade!
https://www.metal.com/Iron-Ore/201804260004
That combined with a lot of recent public interest on Iron Ore pricing, the time is getting right to make an announcement soon!
www. afr. com/markets/equity-markets/surging-iron-ore-price-breathes-new-life-into-stranded-mines-20240103-p5euw8
www. afr .com/chanticleer/china-s-doing-what-it-can-to-keep-iron-ore-bears-at-bay-20240103-p5euyw
RILEY - RESTART., page-3
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