Cost Guidance from BCI:
"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"
So we use All in cash cost A$61.00 = USD 50.00
Sale of ore at around the USD 63.00 (Market price less 7% discount)?
Ore sales 5.5m tons
Cash profit : 71,500,000
Not sure if capital expenditure is included in the All in cash cost and the actual Price they are getting on the iron ore . I assume its the market price less 7% discount.
I find FMG reprots more informative and very clear in the All in cost.
anyone else to comment?
Cost Guidance from BCI: "Cost guidance for the remainder of FY15...
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