Ann: Wilcherry Hill Iron Ore Drilling Update , page-14

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  1. 480 Posts.
    One thing I should say, is if IO hits $75 theres no way A$ would be at parity with US. IF it dropped to 80c, then we'd still be at around A$90.

    All of this is why managements current push to reduce costs is so very important, and more important than the previously stated timescales.

    We have to accept that things have changed. Globally and with the company's plans.
 
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