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