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A couple of interesting articles to compare to the breakeven...

  1. Merchant
    99 Posts.
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    20/09/12
    18:17
    Post #: 10749253
    A couple of interesting articles to compare to the breakeven price in the HAR prelim fs:

    http://www.platts.com/newsfeature/2012/steeloutlook/index

    and

    http://www.reuters.com/article/2012/09/19/markets-ironore-idUSL4E8KJ2NE20120919


    In my view people were looking at this not with a view to how the ore might sensibly be priced when they get into production but with a very short term view.

    Cheers, dyor
    HAR Price at posting: 24.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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