Grange Resources is also magnetite. However, we are doing pig iron, which is a different venture from other magnetite companies. We have a charcoal venture happening, too. I think I saw a production figure somewhere of $30m for production to occur- anyone can please correct me on this. $30m is cheapish from what I have seen on other ASX-listed companies looking to produce.
A good conversation here.
director takes up $520k worth., page-13
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