"Large overburden and beneficiated ore are large capital expenditure items."
The strip ratio could end up being pretty close to 1:1
Wait until the Wonganin is included in the resource update.....
Bene will end up at a few dollars a tonne but the product will be worth a lot more than Pilbara dso..
Iron ore is all about logistics and if you can find a better located undeveloped Fe deposit in the world, I would like to hear about it.....
Cheers ..