BCI 0.00% 22.5¢ bci minerals limited

Stop guessing people!!! ASX RELEASE – 11 DECEMBER 2014 NULLAGINE...

  1. 200 Posts.
    Stop guessing people!!!

    ASX RELEASE – 11 DECEMBER 2014

    NULLAGINE JOINT VENTURE AND COST GUIDANCE UPDATE

    "Cost guidance for the remainder of FY15 revised to A$47-51 per wmt (FOB) for NJV C1 cash costs and A$54-61 per wmt (FOB) for BC Iron all-in cash costs."

    Also off the top of my head, there is about a 20% discount to the price because of the ore grade.

    Today:
    AUD at 81.48 US cents
    Iron ore slips 0.6% to $US68.30

    That's 68.30/.81.48 * 80% = $67.06.

    BCI $6.06 per wmt (FOB).

    Have a good day.
 
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