It's pretty clear that "Convert to AUD @91 $117.5AUD" is referring to the "Net Revenue per tonne $107US" and not the "Current Iron ore price $130US " as you are suggesting. His maths is right, you've just interpreted his post incorrectly.
107/0.91 = 117.5!
It's pretty clear that "Convert to AUD @91 $117.5AUD" is...
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