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0.00% 6.5¢ beadell resources limited

Iron ore won't be worth $100/t if you're exporting it to Asia....

  1. cminer
    55 Posts.
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    16/07/14
    01:23
    Post #: 13664880
    Iron ore won't be worth $100/t if you're exporting it to Asia. Don't forget Brazil is quite far away and at the current price I'd guesstimate a FOB revenue of $85/t. Deduct some 'handling fees' and I think we should be happy with a $80/t FOB revenue.
    BDR Price at posting: 58.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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