Interesting. Obviously out of your risk appetite printing $15mill cash per year on a job that "needs $2b to get started". Full production of 10-20Mtpa needs $2bill to get started, however, short term mining can be done for absolutely nothing.
Once we generate this cash flow, we can then complete Paulsen's and make a load before we redirect the capital expenditure to Peru. Lot's of funding facilities would be available at Peru given the low cost per tonne, 270Mt of extremely high grade Fe %. You're getting me excited again!
Does saying things like this ever get you in at a lower price?
SRK Price at posting:
25.0¢ Sentiment: Buy Disclosure: Held
