From Jan to june fe prices were in the $125-$150 range and Riley wasnt viable,Yes shipping costs have come down but production costs in Aus have gone up a lot.energy costs have gone up even in China and the 57% fe VMS has is more costly to process.VMS will never make a profit selling there iron ore.
From Jan to june fe prices were in the $125-$150 range and Riley...
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2.6¢ |
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Mkt cap ! $58.93M | |||
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