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11,699 Posts.
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29/11/14
11:15
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What you will almost always hear is the media sprouting RIO & BHP costs are in the $40s, $30s or even the $20s....lol
Then in the same story they may mention...or almost always do mention FMG which is in the $70s
So your thinking is correct, The media stories are all BS 100% of the times
RIO, BHP, FMG all have there CFR cost wet inc freight and royalties delivered to china in the $40s
Yes all 3 in the $40s unlike other would want you to hear
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