super tax - some basic numbers, page-7

  1. 3,972 Posts.

    What about costs? Capital recovery? LIke the cost of labour, building railways, ports, etc etc. Unrealised and realised fxc losses.

    Your figures mean nothing.

    A few years ago I ignored some Iron Ore stocks because the costs could potentialy blow out to higher than estimated iron ore prices. Not all is lump, not all is DSO, A lot of Pilbara Iron Ore has high phosphorus. Short terrm looks betetr than long term as grades diminish and the ores with high impurities increase.

    If it was so simple as you suggest, my wouldn't we all be super dooper rich.
 
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