Hi Trader, Do you really believe in FEX at a time when cost of...

  1. cashken
    2,625 Posts.
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    16/03/19
    22:19
    Post #: 37786741
    Hi Trader,

    Do you really believe in FEX at a time when cost of production has been slashed by the majors? What will FEX costs of production look like?

    Will it be US $12 a tonne a la Fortescue? Brockman, Atlas, Gin etc had a chance when it cost BHP and Rio $38 a tonne to get it out. FEX far too late to the party in my opinion - no matter the upgrade. Need to see an investment announcement in my opinion - not upgrade.
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