Greatland are building to approx 3Mtpa for US$600M (25Mt at higher grade than Boda).
I've seen other examples of ~12Mtpa going north of US$1B.
This wont be a cheap and easy build and certainly not one that ALK will fund and manage alone. They'll need a partner with experience and deep pockets or they'll need to sell the asset. I'm open to either as both unlock value faster for SH.
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