indian iron nsl, page-6

Hi (joeborgo)

If that is the case,they would be getting a minimal price for the iron ore.
The buyer would have to bare the cost of the trucking and any other cost's in getting it to the steel mill.

In my mind there is no way a buyer is going to pay anywhere near $100 per tonne to truck it from the mine site.Especially at the grade of the iron ore.
The distance from Port and iron ore stock yards is going to be a large part of the cost.

It will be interesting if and when they finally get to sell the iron ore to see what profit they say they get.

Regards
Westcott.