Lets not start this crap all over again.
You have to discount the spot price by at least 20% to arrive at achieved price.
The FE quality has been factored in what? The wet is factored in what?
At $50 spot, FMg will get max $40.
Going on last published accounts, FMG costs were north of $55. I know there has been some savings since, but I would not like to bet that it is as low as $40.
We are supposed to be trying to help each other here, and yet every months people start posting figures that are distorted.
Pear
Iron Ore Price, page-272
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