Ann: Positive Result for Iron Valley Enviromental, page-5

re: Ann: Positive Result for Iron Valley Envi... I have not done any precise costing myself (lol, just what I can find reported by similar companies, etc) so for now have just gone from the Foster's report that was put on the IOH website.
"(FBSe) Iron Valley Project parameters
Source: Iron Ore Holdings; FSB Research
? We forecast operating costs of A$46/t with capex of $1,200m to develop the Iron Valley
project. The project is expected to deliver free cash flows of ~A$2.5b life of mine.
? Using our long-term forecasts, we estimate the Iron Valley deposit will deliver an average
EBITDA of $334m annually life-of-mine and an approximate payback period of 6 years on capital costs. "
From their 20 May 11 report.