yeah, free on board is the C1 costs. Certain people don't understand that out of the revenue a customer pays, min res ( like all other miners) need to pay shipping on their CFR/CIF sales, plus royalties, plus sustaining Capex.... then company tax.
im not an expert on lithium prices, but my gut tells me iron ore will stay in the 90-110 band for a while, anything down to 80 would be short lived......150 is possible if the Chinese housing market turns around.
really sux that both commodities are in a down swing
MIN Price at posting:
$33.08 Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)