Yes, that is baffling, Dsm0. The more historical stuff I read though, and if current supply and IO price trends continue, I can’t help thinking that we’d earn more quickly through mining and shipping the IO (off takes were previously in place) than we would mining the gold. ... This is what the trafford Chairman said back in 2015 (The Advertiser May 14 2015). ...
“Mr Finch said Wilcherry Hill would be put on the backburner, but at a $US70 per tonne iron ore price and a $US70c exchange rate it would start to be attractive again”. .... Luckily AGS has a wealth of business and mining experience and may just be in the right place at the right time for both AU and IO.
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