Iron Ore Future Price, page-60

I think the news people are speculating to come out is the re-opening of the C4 Iron Ore Mine,

- 19th of September Halted mine for 30 days to consider if Iron ore ops would continue to profitable - getting pretty close to the 30 days being over

- stated anything below $10 AUD profit per tonne meant they would not commence operations

- at the time of this ann the iron ore price was $90usd

- I’m going to speculate that the cost would be between 90-100 AUD

on a side note, I have a friend in Wiluna, they did mention it was time to start topping up and buying, but didn’t reveal anything. They could be completely wrong and just heard talk.


I could be wrong with the cost to produce

DYOR & GLTAH