Look at GWR with 130 million ton Iron Ore
Using 130 ton road train to Port Geraldton. To ship 7 m ton /year. Alot of road trains N cost. N only 60,000 ton ship.
The inland transport cost is the killer.
Norse have a 200 km rail link to the port
Esperance Port has the ability to accept Capesize
vessels of ~150,000t capacity
N I would expect 200 million ton export over 10 years or 15 years = 14 million ton/year X $10/ton profit
$140 million /year.
that is about our current m. cap
Moms N Dads will be looking to going to the car show to get new BMs and MBenzs
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Ann: Heads of Agreement for Iron Ore Off-Take forNorseman Project, page-8
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