FOB will be aud $60-70 dollars for the FY whilst ramping up - it will be much less over the next quarter.
we are selling the iron ore at $100USD (aud $150s) - after realisation that puts us in the aud $130s per ton.
so current FOB of 60-70 aud vs $130s we are getting. Very nice margin there.
March quarter FOB was $58 AUD. Once FOB is life of mine aud $45s or lower then shorters will be cooked
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| Last trade - 16.10pm 16/06/2025 (20 minute delay) ? |
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