I dont understand how they say that
"Probable Ore Reserve of 473 million tonnes, sufficient to support a 20+ year operation"
"mining operation that delivers run of mine ( ROM) ore to a 12.8 million tonne processing plant, designed to produce a nominal 2 million tonnes of concentrate per year"
20 years x 2 million is not 473 million tonnes.
To only ship 2 million tonnes per year is tiny.
I have worked at some very small iron ore mines that are ship 12 million per year.
2 million is nothing.
Ann: Fourth Quarter Activities & Cashflow Reports, page-16
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