Disappointing that the Financial Analysis didn’t include any mention of the current Iron Ore price and the huge potential upside. The Financial Analysis was based on IO price of US$89/dmt. Current IO price US$128/dmt! Phenomenal upside difference if current IO prices remain. Capital payback of less than 2 years. NPV considerably higher. Huge upside if Platts IO forecast of $89/dmt is well understated.
I don’t understand the reluctance to put the metrics in perspective with current market prices. Wasted opportunity!
Ann: Corporate Presentation - Noosa Mining Conference, page-2
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| Open | High | Low | Value | Volume |
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