Hello 29
The Iron Ore price going down will hurt many companies .
The break even prices for these companies are .
Rio about $US44 Bhp $US55 Mount Gibson $US84 and $US72 for FMG.
From memory we are closer to RIO and BHP .
My point is only the lower end producers will survive.What do you think.
Hello 29 The Iron Ore price going down will hurt many companies...
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