Chart wise, I am not sure the significance of 3.50 beside a round number-ish. Still looks to be middle of the range between 3.91 and 2.83. I rather wait for a lot more selling if it transpire and I don't see IO spot just suddenly reverse,
I love to hear some comments on the quoted 50 bucks cost of production by Nev Power from that interview link which was initially suspected as c1 cost. Big difference between a few published AISC of 72-73 against this figure which was reported as a quote figure by AF too.
iron ore price, page-50
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Last
$19.47 |
Change
-0.260(1.32%) |
Mkt cap ! $59.94B | |||
| Open | High | Low | Value | Volume |
| $19.65 | $19.65 | $19.37 | $126.0M | 6.462M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $19.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.50 | 24291 | 3 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |