not the end but new beginning, page-37

The project is expected to produce at a rate of 25Mtpa with a product grade >58.5% Fe, initial shipments will be the high grade BID or CID close to the surface with low stripping ratio which should attract the higher Fe price.


The 250mt resource example in the Dec 2014 presentation is the design and size of one of the Mining pits. I would expect the entire resource to be shipped through the Balla Balla JV infrastructure not just the 250mt. Per the last presentation Balla Balla JV port & rail planning is well advanced.


25MT is co-incidently greater than the entire resource of Pluto PLV...whom are an IO company currently in receivership.

I wouldn't blame any of those PLV investors from venting their angry frustration on other IO stock threads like FMS...BUT they should remember though this is not the PLV thread, this is the FMS thread and FMS is an entirely different fish...believe me we have heard it all before....