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the only probem is vms iron ore is only 57% not 62% which means the price is less than what is quoted. If some one can quote the current price for 57% then maybe we could work out if it maybe viable to re open mine. The china stimulus package seems to support the current price for iron ore for the foreseeable future.
cheers ns
Ann: 121 Mining Investment Presentation London - November 2023, page-30
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