The reason I ask is that I used the previous studies to estimate ~$270m to produce 2mtpa, so am thinking either I was too optimistic re costs or MGT will have some spare capex from Razor back stage 1 2mtpa plus profit from year 1 to build a second stage or perhaps at Muster Dam ie two mine sites producing 2 mtpa.
Thoughts?
Ann: Maiden Ore Reserve for the Razorback Iron Project, page-121
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