MGX 1.56% 32.5¢ mount gibson iron limited

technicals, page-59

  1. btw
    212 Posts.
    re: production of 26mtpa There is a map on page 15 of the recent presentation which indicates as follows;
    Slurry pipeline Mt Gibson to Geraldton for Magnetite
    Haematite and Magnetite from Koolanooka by rail from Morawa
    Haematite from Mt Gibson by haul road to Perenjori, thence by rail
    The siding for Tallering Peak is west of Mullewa (actually called Ruvidini)
    So the bulk of product goes by slurry line and if 5 Mtpa is the rail limit, it will have to be shared with other miners in the region including MIS and GBG
    New wagons will assist output of Tallering Peak first, then presumably product from MtGibson

    I continue to hold MGX
 
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