Excuse my ignorance but don't they get $130/tonne for the whole product, which happens to contain 58% iron??
If you had a 63% grade ore, you could sell it for $140/tonne or whatever premium is justified??
That sounds a bit more commons sense to me....
Excuse my ignorance but don't they get $130/tonne for the whole...
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Last
$17.49 |
Change
0.300(1.75%) |
Mkt cap ! $53.85B | |||
| Open | High | Low | Value | Volume |
| $17.34 | $17.56 | $17.13 | $141.9M | 8.137M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 286 | $17.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.49 | 26714 | 5 |
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| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |