Blythe
You cannot compare this to AXO.
AXO is near the coast.
AXO will build a slurry pipeline.
At current prices, AXO would receive is US$46 per tonne, which is calculated on 58% iron-ore recovery at fines price of US$80.52 per tonne. [quote AXO]
AXO costs will be less than $30 tonne.
Have a look at the BFS of WPG, where their transportation costs for DSO premium hematite is $33 tonne and total cost is $55 tonne.
a valuation model fyi, page-5
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Last
0.9¢ |
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Mkt cap ! $43.82M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.9¢ | 0.8¢ | $17.91K | 2.115M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 46 | 12830028 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 8861521 | 15 |
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