Yes $111 a ton. That is a big difference between 62% and 58% fines. I haven't seen anything on our iron ore %, it makes a huge difference to the profit. Ninety dollars a ton does sound a lot to pick up, sift and screen the ore. No blasting easy digging ect. We can buy washed sand for around $45 a ton in the sand and metal depots for small lots. Hopefully the cost to port for our Fe can be bought down a lot lower than $90 a ton.
VMS Price at posting:
9.9¢ Sentiment: Hold Disclosure: Held
