This was a big surprise to me.
Iron ore prices are still near $140 a tonne, so to cancel a project 4 months before first shipment is a bit crazy.
The main reason I got into this project was the low Capex DSO option for two years, which would have gone a long way to funding the 68% concentrate plant and the HISMELT plant. It would be good to know the reason for moving away from this plan.
I'm down about 50% now and I tried to catch a falling knife by doubling down, which doesn't seem like the smartest move now. Wondering if I should double down again, but without guidance, it's hard to do so
This was a big surprise to me.Iron ore prices are still near...
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