From a presentation memory I remember it could affect costs with a $200/ton figure cited -- which seems too high, but it's an old memory so... More recently, presentation(?) at $50; is that a ton or on AISC.
With the epic port failure it slipped from my attention as it wouldn't get on the books for a long time, though would be positive when it did. My question within the agreement is: Is the offtake cost/ton set or is it fixed to spot?
Concerning epic, this, $0.15EPS, and Port Santa Ana (where the Fe's exported from:
www.youtube.com/watch?v=rTzn2IGRVhc
While searching "Brazil" came across this, OT comic relief:
www.youtube.com/watch?v=7N5OhNplEd4
And (sorry for another OT) this elaborate prank. What would you do?
www.youtube.com/watch?v=8wjPZ4ICRz4
OV
BDR Price at posting:
61.5¢ Sentiment: LT Buy Disclosure: Held
