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Ann: Mineral Resource for Kwale North Dune deposit, page-3

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  1. 5,937 Posts.
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    the high rutile content means it would be profitable at current and higher prices.
    So it would be banked and used down the track when all the prices warrant it.
    I would like to see Kwale up to a 20 year mine life even if it wouldnt be at current levels of profit.
    for eg instead of $120 mill per year profit maybe $50 million a year would still give us $1 bill profit over those 20 years.
    $80-90c a share in profit would be acceptable to me.
 
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