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re: Ann: Confirmation of saleable Iron Ore Co... Looks to be a...

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  1. maxima10
    176 Posts.
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    24/07/13
    10:34
    Post #: 12103271
    re: Ann: Confirmation of saleable Iron Ore Co... Looks to be a positive step forward

    A question for the forum which reflects my lack of technical knowledge.

    They refer to the penalty of $0.5 per tonne per 0.1% above 0.08% for those producers with phosphorus levels from 0.4-0.5%. Kogi is at phosphorus levels of 0.87% which is well above those producers. At what point is the phosphorus level just too high? Secondly, is the penalty linear or would it be higher per tonne once you hit a higher level?
    KFE Price at posting: 12.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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