TFE territory iron limited

earnings of company

  1. 214 Posts.
    Does anyone know what there margin on iron ore will be? This company has about 203million shares fully diluted, so in my thinking with 1.5MT ore/annum the need at least a $15 a tonne profit to justify the current MC. Am i correct? Feel free to hound me down or what not, just looking for the facts.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.