This is my quick estimate based on announcements thus far (all my own opinion that I use to guess value)
I tried to be a bit conservative on the AUD/USD ratio
Production Cost (AUD) 120 1 Shipping Cost (AUD) 30 2 USD-AUD ratio 0.75 3 Production cost (mining+shipping)*0.75 (USD) 112.5
I would expect if the IO price dropped the AUD may drop as well.
Happy to be corrected
This is my quick estimate based on announcements thus far (all...
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