12mt jorc, page-74

well tony,

you see aka hooter is still expecting (hoping) the 12MT inferred DSO announced will be whittled down to a few teaspoons of 'recoverable' DSO for us mugs..

but on the pre-sold DSO at cockatoo, can i ask what pricing formula are you using for the absolute cream that that 68%Fe DSO is?

i mean is at todays spot price for that % ore or an assumed long term avg price?. ie the announcement in Dec 2011 regarding this had it at around ~$150/t from memory..

if your permitted to answer that is :)

cheers
SuperTim