Good luck working out a uture longterm average. It would have to be done in $A as thats the price we receive and where that goes in the future is a lottery...But you know the C1 costs in $A so that would be a very rough guide to where we would be treading water or losing money but would have to stay there for a long period to be a problem.
Your guess would be as good as anyone's as the variables are endless.
Below is the chart of 62%Fe IO prices in $A over the last 15 years ( less the recent fall) so one could figure out a longterm historic average and tack on an average premium for pellets , if that could be found , but the chart can't see into the future...
Cheers Whisky
GRR Valuation, page-395
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Last
26.5¢ |
Change
0.005(1.92%) |
Mkt cap ! $306.6M | |||
| Open | High | Low | Value | Volume |
| 26.5¢ | 27.5¢ | 26.0¢ | $355.2K | 1.323M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 657186 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 1041 | 2 |
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| Last trade - 16.10pm 17/10/2024 (20 minute delay) ? |
| GRR (ASX) Chart |