IOH 0.00% 70.0¢ iron ore holdings limited

Ann: Iron Valley Project Results of Pre-feasibili, page-3

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    re: Ann: Iron Valley Project Results of Pre-f... Footnote:

    I should add (importantly) that 160Mt of iron ore is recoverable from Iron Valley without doing any deal with FMG.

    A deal with FMG to recover up to the IOH/FMG boundary will yield only an extra 13Mt of resource.

    Conclusion: We don't need FMG to mine Iron Valley, but how the hell will we get the ore out if not on the FMG rail?

    Spur up to BRM?
 
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