A40
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0.00% 8.2¢ alliance mineral assets limited

Though I've just read the report myself, and that US$742/t is...

  1. Sharpey
    1,641 Posts.
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    25/01/19
    14:27
    Post #: 37225784
    Though I've just read the report myself, and that US$742/t is CFR, not FOB.

    FOB pricing will be less than CFR, especially when you include a differential for shipping from Esperance as compared to Port Hedland.

    A40 likely to be getting prices closer to US$700/t than US$750 in that case, assuming similar grades and pricing mechanisms.
    A40 Price at posting: 20.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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