MFE 0.00% 1.0¢ magnetite mines limited

Micky78, You make some very good points. If as per your comment,...

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  1. 9 Posts.
    Micky78,
    You make some very good points. If as per your comment, the iron ore price is US80/t (say A$95/t) for next 10-20 years, then Royal has no chance at its stated break even cost of ~A$99/t.

    Not sure why Royal says it would be a low cost producer??
 
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