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Iron Ore now in the 30's, page-22

  1. 20,449 Posts.
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    Unfortunately I don't have access myself . I was told this by the new CFO on Friday , unless he was mistaken . Your welcome to call him yourself .
    Even if it is 11 or 12 or 13 at 86.8 for pellets - even a net 70 usd for pellets is 90 dollars on current exchange rates or 27 dollars.cash margin per tonne. That is around 18.5-19.5 m this quarter alone or more than 16% of current market cap in one quarter
 
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