Ann: Merger Update, page-25

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  1. 156 Posts.
    Yes tuff times in the iron ore market, was in whyalla the other day , jobs cuts have been happening and talk of more to come. Cost of production was $54 tonne and they were getting $56 tonne. Think the best outcome would be to sit tight until the price improves . Wonder what the price of this stock would be with the iron ore price at $150 a tonne.
 
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