Below - latest from metals bulletin showing 20 dollars plus premium for pellets over fines. Freight is around 7. uSD according to company add another 1 dollars for insurance , so that would put net dollar value at around. 77-78 usd or 100 aud .
CAsh costs 63 - you guys can wrk out the rest
Iron ore index (62% fe) 66.33-66.33 13.81% p 22 Apr 16
Iron ore pellet index cfr Qingdao
(65% fe) 86.81-86.81 7.04% p 22 Apr 16
Iron Ore now in the 30's, page-20
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