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  1. R

    Iron Ore in free fall - Perth property next!

    It was a shoe-in when the project was announced and ore was at $150pt+ but the project hadn't/hasn't (officially confirmed) secured finance and it had been reported that the project might not get of the ground with when the ore price dived last year. The deadline for securing finance kept...
  2. R

    Iron Ore in free fall - Perth property next!

    although this is great its quite a small capex project at only $143m.. Having said that I have it on good word that Roy Hill secured the remaining finance to give the project a go ahead the other day. A contractor will be awarded package 2, being the rail infrastructure, in the next couple...
  3. R

    Iron Ore in free fall - Perth property next!

    FMG's break even point is around the $90p/t till Solomon Hub and its infrastructure comes online, which is soon, at which point this drops to around the $70-$74 mark
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