STB south boulder mines ltd
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crashing back to earth, page-25

  1. Black_hole
    1,829 Posts.
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    26/06/11
    21:39
    Post #: 8589485
    The deposit is about 150k from port Massawa. Using your figure of $5mil/km, the rail capex would be 750mil.

    The deposit is 70km from sea. Cheaper to build a port?
    STB Price at posting: $2.18 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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