AKI 0.00% 56.0¢ african iron limited

eqx, page-9

  1. 349 Posts.
    If the ore is there then there is a great project there, that is the question. You don't need Billions of tonnes to make a project. 200Mt or so and your not far off 20 year mine life. With 50mt DSO you get 10 years mine life just on that alone. So these guys can be making money alot quicker than many other developers out there. I'd be very happy to see production start as quick as possible even with 50mt resource rather than drill every square inch available. Make use of the high ore prices asap. If/when they confirm their allocated 5mt rail & port access then that alone is worth way more than current Enterprise value. All my opinion only.
 
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