BCI 2.22% 22.0¢ bci minerals limited

• Iron Ore producer confident about prices – BC Iron managing...

  1. 696 Posts.
    • Iron Ore producer confident about prices – BC Iron managing director Morgan Ball thinks iron ore prices should stay comfortably above $US100 a tonne for the next year or two, and with cash costs at the Nullagine mine expected to be below $50 a tonne this year, margins should remain strong. Addressing shareholders in Perth, he said the current high prices were “money for jam”.
 
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