https://edge.alluremedia.com.au/uploads/*/2018/01/Iorn-ore-brekeven-rates-MQG-Jan-2018.jpg
Like the benchmark, both lower and higher grades also pushed higher during the session.
58% fines rallied 1.4% to $43.30 a tonne, marginally outpacing a 1.1% gain in ore with 65% Fe content which settled at $94.60 a tonne.
Read more at https://www.*.com.au/iron-ore-price-nearing-80-2018-1#G5z9Lyp7t9hck3HU.99
`Karara is presently sitting on a gross profit scenario of approximately $ 30.50 per tonne according to Macquarie research above , it appears it is consistently exporting between 8 and 8.5 million tonnes
$$$ 259,250,000 TURNOVER OF AROUND $$ 803,000,000
One would like to think that it is getting very close to a profitable position ?????
[IMG] Like the benchmark, both lower and higher grades also...
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