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surebob

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surebob

Re: Sunnybank post# 90549

Thursday, 12/21/2017 9:31:49 AM

Thursday, December 21, 2017 9:31:49 AM

Post# of 91119
Bao MAY have been interested in the mine when iron ore was 180 dollars a ton. Now that high grade is 70 and may go back down to 50 in future years, nobody will be interested in Mexico's low grade stuff with high sulphur

China is trying to clean up their pollution and low grade ore is not wanted any more in China ( see prices: 40 delivered and still no takers ). Do you think Bao is interested in losing money on each tonne delivered?
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