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Ann: Heads of Agreement for Iron Ore Off-Take forNorseman Project, page-2

  1. Frangipani8
    340 Posts.
    lightbulb Created with Sketch. 95
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    21/01/22
    10:00
    Post #: 59031866
    THIS IS GREAT NEWS

    For 200 million ton of iron ore
    If we just make $5/ton that is $1 billion
    If $10/ton = $2 Billion
    It does not matter if that $1 or $2 billion is USD or AUD
    N look like we need not pay for Capex upfront. Maybe hopely fund our 35% from prepayment.
    thereafter will fund 65% of all
    iron ore project costs.

    The share price will double today.
    TUL Price at posting: 59.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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