iron price, page-57

I didn't include $12m final shipment of September, I would think this "delay" be constant as last shipment of December would not be paid in December quarter.

NJV, Bci advised annual production of 5.2 - 5.6Mt, I used 5.4Mt for calculation.
At full capacity 6Mt p.a., Bci equity share is 75%, 4.5Mt, 1.125Mt per quater for BCI.

Iron Valley, it has been managed by MIN, seems profit share is limited to$24m p.a. Per last announcement. I used proportion in my calculation.

Re secured loan of US$40m, final repayment due December 2016. The US$17.5m was repayable before 30 June 2015 per the 2014 Annual report. As repayment was/is December, so I assumed US$17.5m would be paid in December 2014.