what could be the sp on re-listing?, page-12

We have hundreds of million of tons not 12MT.

The 12MT is the DSO we will pre sell to bring forward revenues in the next 12 months.


Stage 1 - rip out 12MT, dump it on the ship and send it to steel mill - $$

Stage 2 - use above funds to complete Irvine development and start 40 year IO supply to china - $$$

Stage 3 - Mine >100MT of pure dripping DSO heaven undergound at Cockatoo - $$$$

Overpriced? Happy to take your parcel off your hands at 17c if you like.