Has anyone read the ARH announcement of Notice of AGM & Independent Experts Report
It’s a 96 page announcement very hard to summarise but does any one have an opinion. Especially on this statement
“Total unit operating costs from the engineering review study are
US$24/tonne of concentrate, US$31/tonne of pellets and
US$89/tonne of HBI. Based on these cost estimates and current iron
ore product prices, cash operating margins would be close to 60%
with a gross operating margin in excess of US$600 million ($800
million) per annum when at full production and for a period of 25
years.”
How would this production value ARH? Is the wait for ARH to get in to full production worth it?
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