RXM rex minerals limited
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Thinking about an extended BFS What long term iron ore price...

  1. szaba_the_hut
    15,062 Posts.
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    31/10/14
    11:13
    Post #: 14214457
    Thinking about an extended BFS

    What long term iron ore price assumptions are Rex using - $75-100 per tonne?

    What implications does early mining of high grade copper zones have in the medium term for copper ore grade when the pit needs expanding? In some ways leaving lower grade zones to later is a good thing because Cu price is expected to pick up in a few years time.

    What sort of grade are the good bits?

    Down the track copper price looks good but iron price looks less good with massive supply through the large miners...what is the sensitivity of the REX business case to Iron Ore price?
    RXM Price at posting: 22.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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