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Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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Advanced Explorations Inc. ADEXF

Metals & Mining Industrial Metals & Minerals
"Advanced Explorations Inc is a development stage company. It is engaged in the acquisition, exploration and development of properties within the resource sector."


GREY:ADEXF - Post by User

Advanced Explorations Inc.
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Comment by Tepinon May 24, 2011 3:21am
258 Views
Post# 18616187

RE: RE: RE: RE: RE: RE: RE: RE: RE: enjoying - Jam

RE: RE: RE: RE: RE: RE: RE: RE: RE: enjoying - JamA very nice comment on future iron ore demand/supply.

I am missing the latest developments in India, 20% tax on iron ore exports. We could see such developments in other countries.

The most important factor in future iron ore discussions is the production price per tonne. AXI will be a low cost producer. That's why I do not really care about future prices. Everything above 100 USD/to will bring us a lot of profit.
According to my calculation we should be around 40-45 USD per tonne iron ore >65%.

What will happen if iron ore prices go down ?
All iron ore mines will produce less and will not invest in new mines. We have seen that before.
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Dealroom for high-potential pre-IPO opportunities