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clock Created with Sketch. 16/02/17
19:38
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Originally posted by Haplo
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From the articleTawana was assessing a DSO start-up option before the iron ore market tanked in late 2015 and the project was put on the backburner. However, with iron ore showing signs of a longer-term recovery, Mofe Creek may get a second chance at becoming operational. "We're in discussion with a couple of groups at the moment because it's one of those deposits that can be kicked into gear very easily, " Calderwood said. "It's a sweet little asset that has been recognised by quite a few people as being one of the easier things out there to develop. And there's spare port capacity and loading capacity at Monrovia."
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Iron ore price is going to halve in the next few months as slumbering co's are being woken with current prices. Lithium outlook for this co. positive though. On my watch horizon.
