jorc out , page-34

Thanks for those figures, needle.
Obviously my ballpark was out quite a bit, thanks for clarification on transport costs etc....a further couple of questions if I may:

Supplier is expected to pay transport only to nearest port usually?

When you say 5Mtpa operation, are you meaning 5Mt of Ore which would produce about 2.9Mt of Iron at 58%....or do you mean 5Mt of Iron produced, which would be about 9Mt of Ore at 58%?

(Presumably the latter, going by your profit projections.)

$8 a share a pretty good target all the same.....

+ the nickel assets of course.