WDR western desert resources limited
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why the sudden price spike?, page-11

  1. ROSCO_P
    1,504 Posts.
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    02/01/10
    17:25
    Post #: 6098559

    The plan is to truck the direct shipping ore (stage 1). Trucking is high opex but low capex. The company would then build a conveyor for stage 2 (the conveyor belt is low opex but high capex).

    Cash flow funds from stage 1 will be used to fund the cost of the conveyor, thereby minimizing dilution and/or debt.

    Does anyone know where a conveyor of that length (40km or so) is already in use? Rio? BHP?

    cheers

    Rosco
    WDR Price at posting: 58.9¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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