My big take away from the article was…..“Free on Board (FOB) cost is forecast at A$45/wmt, including MinRes’ life-of-mine mining services contract margins and a road infrastructure charge of A$8.04 per tonne. Crude approach but, pick your own long term Iron ore price and do the math. Once drill results confirm quality/quantity of resource at Cane Bore and Goldsworthy we really should be on our way.
M4M, page-382
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