"So ..to confirm....you are saying if BHP could mine for $20/t the freight and additional costs would be in the $40's ....giving a total price to the buyer of 60+ $ and 70$ if mining costs are $30???
so when they say that FMG needs $77 to break even they are saying mining costs + CFR...is that correct?
thanks"
What a bunch of furphy. The reality is BHP wishes its C1 cost to be less than 20 like RIO and the $77 FMG costs was a long time ago.
AGO Price at posting:
18.0¢ Sentiment: None Disclosure: Not Held
BHP Price at posting:
$30.92 Sentiment: None Disclosure: Not Held
GBG Price at posting:
2.3¢ Sentiment: None Disclosure: Not Held
MGX Price at posting:
41.0¢ Sentiment: None Disclosure: Not Held
RIO Price at posting:
$59.10 Sentiment: None Disclosure: Not Held
