With this deposit more than 200 km away from Port Hedland, one would think that trucking costs would be $0.10 - $0.15/km. This is $20/Mt - $30/Mt. This may make it uneconomical.
Has anyone considered what the cost is to halt Horizon 2 and just focus on Horizon 1. If we got up to 10M MT per year with margin of $20, that is $200M cashflow per year.
AGO does not have to be like FMG.
Ann: Corunna Downs Discovery Update , page-13
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