MFE
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0.00% 1.0¢ magnetite mines limited

Armchairs economists! Look at ROY's latest presentation that...

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  1. Mongrel
    2,000 Posts.
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    13/10/14
    12:59
    Post #: 14115939
    Armchairs economists! Look at ROY's latest presentation that normalises to reference grade prices and applies an 85c FOREX: an all up cost of US$58/t - thats a profit margin of 27.5% on todays spot price of about US$80/t. If you cant do sophisticated arithmetic, don't comment!
    MFE Price at posting: 3.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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