arthur,
let's not muddy the waters with these tiny details :-)
aware of the capex required and obviously a 1/4 partner would be roughly pro-rata on this. I note the figure includes direct costs of around 1.3billion USD and $265 million USD for 'contingency'. 30 year mine with LOM Average Operating Cost of $39.40 USD/t pellet is the key.
cheers
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