weekend fin review Credit Suisse estimates that at an iron ore...

weekend fin review
Credit Suisse estimates that at an iron ore price of $us100 a tonne and assuming the Aust dollar at parity with the us dollar BHP would have a cash margin of $US47 a tonne RIO at $us 43 a tonne and FMG a negative cash margin of $us 3.40 a tonne including its interest payments.
This makes EIO one of the cheapest producers going by what Mr Burston said .
If I win the $100 million expect to see a large jump in VOLUME .