- $300m NPV to begin with- $572m Capex with future profits to be used for further expansion- 30+ year mine life with grades of over 67% for the entire duration- haven't even looked at their other 3 deposits for this pfs yet
- No mention of SA government investment get which is highly likely
Would be stupid to sell on news like this
Ann: Maiden Ore Reserve for the Razorback Iron Project, page-90
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