CK
Not sure what you mean "If this sea wall or expansion doesn't work"
I have written previously about expanding the seawall out into the water, I believe that 123enen was a fan as well. It is relatively shallow.
To access more of the orebody, more width is required, a seawall shift combined with a highwall cutback will allow for this easily.
It is not an experiment, it will be a known result before they start. I cannot see how it would "not work"
The highwall cutback waste could be used as filler for the seawall... win win. The ore contained in the highwall is just a bonus, or could be used for blending the high grade down to 62% Fe depending on the ore price at the time
Funding would not be too hard to come by really... 15 to 20Mt at say $23 prepaid would be about $345M to $460M.. Could this "not work" ?? Although I believe it would be a staged operation.
To put it into context,
15Mt at say $140 = $2,100,000,000
15Mt at say $110 = $1,650,000,000
15Mt at say $80 (for the Fe bears) = $1,200,000,000
69.3% Fe hhhmmmm
Looks like the shiploader will be staying put for the foreseeable future.
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a not so comprehensive update, page-49
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