@mrposhman Where did you get the $5/t savings from? The Ann? Because if so, that’s only what they’re going to be aspiring for not what’s confirmed via any audit/study.
Regarding your comments on increased production @ IR - isn’t this referring to blending though, not actual output from IR?
My query has me suspect of why Shine hadn’t been swooped up already?
The only rationale conclusion is because no one thought the amount of money being asked to buy it couldn’t be invested elsewhere for far FAR better ROI.
Ann: Acquisition of Mid-West Iron Ore and Port Assets, page-85
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