downward movement, page-5

satori wrote
"I am yet to see anything that rocked my boat or strongly differentiated PLV from its peers released from the media crew"

Surely the fact they only need to move the ore a couple of kms to be barged is a great logistic differentiator compared to the small cap iron ore hopefulls in the Pilbabra who are trying to get access via BHP and RIO rail network.

Also ore grading a high 66% Fe with low impurities (Al2o3 and silicon oxide )is another differentiator from peers

THe only reason I dont hold is because I see how quickly RIO and BHP are ramping up iron ore production although RIO spending around $250M to upgrade an extra 5 MTPA loaded at its wharf which goes to show how expensive it is even for the big boys to get extra production
I am thinking PLV wont have the high CAPEX if it can form some innovative partnership with neighbours in barging ore to them for shipping North (like they do with coal in Kalimantan). Any idea of strip ratio PLV is going to average once production starts?