Another brilliant post bigstar,
I see the capex for ridley is considerably higher @$2.7 bil for a 15 mtpa project, as opposed to Mt Bevan at only $1.5 bil for 10 mpta.
So that could be why AGO want a partner for it instead of selling it outright. They need the cash to develop but still want to retain some of the asset.
lcy: future low cost magnetite producer , page-22
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