ARU LCG

Ann: New Haematite Project Secured , page-10

  1. micky78
    2,892 Posts.
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    09/04/13
    22:40
    Post #: 11623728
    Dagar!

    You can NOT assume FOB Fe to stay at $150/t. Many people expecting Fe to fall below $100/t. This project's cost is $94/t, so how do you make money?

    When you build a new project you need look into long term price of ore not spot price.
    ARU Price at posting: 11.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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