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I think both could handle a drop down to $55 US a tonne. For a...

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ozexplorer

14,963 Posts.

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06/11/14

20:45

Post #: 14248511
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Originally posted by platinumstandard ↑

Debate it then, see if RIO is left standing or BHP will be. BHP margin even now would be quite stretched because of lower grade and higher costs.

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I think both could handle a drop down to $55 US a tonne. For a period if need be.

But the question is could the shareholders handle it well.

AGO Price at posting: 22.5¢ Sentiment: None Disclosure: Not Held

BCI Price at posting: 84.0¢ Sentiment: None Disclosure: Not Held

FMG Price at posting: $3.03 Sentiment: None Disclosure: Not Held

MGX Price at posting: 43.0¢ Sentiment: None Disclosure: Not Held
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