Ok let's try that again....
The price quoted is for 62% Fe..
PLV will have 66% Fe so the price would be $147/t, now that does not sound like much... times the difference by 5 Mtpa.. that equals about $35M per year.. that sounds like a lot to me lol...
Had they used the $147/t the projections would be like, like, a lot higher
Seems like they used the long term average of $87
Cheers ..