correct me if I'm wrong sandfire, but GV are mining
Wiluna West C4 Iron Ore Project?This from their website......The project deposits are located 750km east of Geraldton Port (long way).Mineral resource estimate of 21.6 million tonnes at 60.7% Fe, so they won't be getting 62% Fe price.PRG provides mining services (Macca charge us $25/t, is that correct?)GV entered into offtake agreement with Glencore for 100% of C4 product (Glencore don't do anybody any favours, they'll want their cut before on selling surely)
How much would they be making in this product?
What happens if IO prices dip further?
Thoughts? Open to everybody to answer
Ann: Fenix to Restart Mining at Shine, page-85
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