Producers of commodities that have the lowest costs are...

Producers of commodities that have the lowest costs are recession proof .Earnings wont plummet like high cost producers .ANU ,production costs will be an order magnitude lower than other iron producers .This will make them recession proof .Production costs will be about one tenth ,of even the cheapest iron ore producers in Aus ,according to the MPS research. Not only that ,but the Capital costs are a fraction as well .MPS cite $30m .Even if it blew out to $60m,it would still be extraordinary .EBITDA could be $1.4bn per year ,at full production .The risk with this stock is much below all other early iron ore hopefuls ,because the complexity of logistics and huge capital needed by the others .The clincher is ,When the Iron ore prices fade ,the high cost producers share price plummets ,but the low cost producers fall a little ,and with virtually no debt to service ,ANU will be in the box seat .The purity of this product is also excellent as its extremely low in alumina and silicon .