IRD 0.00% 6.0¢ iron road limited

What is the limit?, page-34

  1. 1,415 Posts.
    lightbulb Created with Sketch. 1
    Well Benjamins I am glad you are across all the permutations.

    For Hindmost the best I can do is as follows :-
    Go to http://www.ironroadlimited.com.au/investor-centre/company-reports
    and read 18.11.16 AR P7 Operating cost has been estimated at US$37.72
    Go to http://www.ironroadlimited.com.au/investor-centre/presentations
    and read 16.10.16 AGM P7 At this page they recognise that they need a cost of $40 to be in lowest quartile
    While at /presentations open 13.4.15 and at P8 there is a Metalytics table showing IRD @ $42 cost

    I know that I have seen an up to date Metalytics table showing IRD in the bottom quartile but I can't give a reference address

    Since these dates all the iron ore producers have reduced their costs.
    FMG and RIO etc have stripped out 50% savings
    I don't see why IRD cant do the same after all they will have new equipment and no dump truck leagcy.
 
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