TI1 tombador iron limited

EARNINGS AND DIVIDEND PROJECTIONS, page-4

  1. 220 Posts.
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    No problem Red, and yes the numbers are very conservative. If I plug in more realistic assumptions the numbers are off the charts and I would be accused of smoking weed! Rest assured that the cost assumptions and production estimates have been checked a number of times and are the most reliable as they can be at this stage. Very rarely, in fact, it is almost unheard of that a high-grade hematite deposit exists as a stand-alone. For this reason, there is a very good chance that there will be a mine life extension.

    Regards

    Pihrana
 
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