Absolutely love it. 15 years of engineering and still working on...

  1. 872 Posts.
    lightbulb Created with Sketch. 241
    Absolutely love it. 15 years of engineering and still working on it! Does anyone see a problem?
    And 40m down is the shallow stuff. Does anyone besides @next2us see a problem?
    Infrastructure to do this will come from burning cash. Good thing the govt is working on getting rid of cash - that should fix our cash burn problem.
    I think the true believers in this project (LTH) need to visit the zone (yes I have, very familiar with it) to get an appreciation of distance from civilisation (horizontally and vertically)
    Total waste of good time to argue that 7%DTR is "do-able" when you do not factor in the logistics to be able to process the 7%.
    I will stay with the 20%DTR needed to make a few dollars. I am not a benevolent believer in saving the planet by mining green steel ore at a loss. The word profit still features strongly in my focus.
    By the way, what mine model are we up to these days - v7?


 
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