iron price, page-55

  1. 26,847 Posts.
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    littlecorn,
    I have compiled some figures for BCI, mainly sourced from the 2014 annual report, september quarterly report and recent announcements from BCI.

    The US$17.5m secured loan repayment was noted in the 2014 annual report, payable within 12 month. I am not sure it would be paid in December quarter or not, it might not be payable until 30 June 2015.
    Another note, I use proportion to work out EBITDA for Iron Valley as $2m - $24m for realised price $70/t-$110/t.
    NJV current reserve has approx 6 years mining life.
    In November presentation, all-in cash cost was stated A$64-70/t, BCI reduced by around A$10/t just last month, not sure if there would be any redundancy cost.

    The following figures are just my estimates for your thoughts.

    bci.png
    Last edited by 8horse: 04/01/15
 
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