At around $50 cost - IF they achieve 20% premium then they can sell for $60.
The like of Atlas and Fortesque would be lucky to be making $10/ton at the moment - and the product they are selling will be increasingly hard to source and sell.
I would guess, that everyone else is incurring similar costs to ship to end user - and would think that Ansteel are probably using their own fleet of ships in that they are Chinese state owned and Karara product will be getting priority over BHP and RIO. - just a guess tho!!
GBG Price at posting:
2.3¢ Sentiment: Hold Disclosure: Held