re: Ann: JORC compliant Resource Statements f... Thanks,
It means -when -if -hopefully- this guys put their act together financially.
ADY production cost of FOB U$ 24.66 is really in lower price range.
They are having big competitive edge on the open market, and ADY is still in the money even price of the iron drop by 40% as is currently pushed by China and India.
Which really start to push some Australian producers with higher production cost( U$ 61.50) out of contention.
Ann: JORC compliant Resource Statements for Prima, page-31
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