http://www.theaustralian.com.au/bus...-still-in-demand/story-e6frg9df-1227265400795
Grange said that in January and February it received an average price of $105.40 a tonne for the pellets, shipped from Port Latta. All-in cash costs during the period were $68 a tonne, leaving a cash margin of $38 a tonne — making Savage River as profitable as the best of the Pilbara producers.
...at 11c on yesterday’s business update. That values the company at $127 million, which is less than the $138m the company was holding in cash and deposits at balance date.
more news in the paper
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