Right reaction to focus on revenue line but cost line clearly worsens.
One would have to assume that the current 25-30% discount $$ would substantially outweigh the increase in costs to blend/produce per tonne ? I seriously hope so anyway ... hehe
Do we really care if we slip to 2nd or 3rd lowest cost producer of IO globally if we substantially increase our revenue ? Some might, but I know I don't .... LOL
Iron ore price, page-4553
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