Keep in mind the feasibility was basis USD90/tonne 62% grade iron ore for a post tax revenue of +31$Mil over 2 years.
The product is direct shipping ore (DSO) and relatively low cost comparing to others.
So any price reduction in iron ore has to be significant to bring about any huge impacts with this short-term project.
It's a cash generator IMO and will fund other company targets.
Ann: Venture Books First Shipment - Riley Iron Ore Mine, page-208
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