bizzo
Have a look at the Techinical Report Aug 2009, operating cost before royalties and netbacks US$8-30lb
12-13 mil lbs of MO production per year
1mil tons of Iron Ore operating costs $46 per ton
12mil lbs at $9 = $108mil
1mil ton at $37 = $37mil Lump $93 Fines $76 40/60
Total $145mil divided by 300mil = 48c
48cents X 12 = $5-76 industry Ave is more like 17 =$8-16
