Furthermore UCL/BON on their own could have a DSO up and running with only $26 a tonne opex costs if no beneficiation is required (e.g. if the particle size screening of Sandpiper material is sufficient to concentrate the phosphate up to about 25% or more). We don't have any of that crushing rubbish to do like MAK. We don't worker accommodation and landing strips and all that dilutive infrastructure Aruwurrah and Wonarah need. You might like to take a look at UCL's dredging report out today to see that $26 a tonne figure.
ucl 9 for 1 bid, page-9
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