PFS for razorback due in Q2 with DFS to follow and indicative timeline of first ore on boat in 2024 .... We own various tenements (up to 30 billion tonnes of inferred resource) with Razorback ,our flag ship project, (currently in PFS stages) with 3.9B tonnes and recently acquired Muster Dam Project of 1.5B tonnes (exploration studies conformation/update due within next 3 months as per recent announcement).
Recent contracting of ElectraNet and Bis industries for electrical and green transport solutions, also bore water design/aquifers studies underway with Nextore sorting to minimise usage of power and water on top and project is supported by roads and rail.
as for the royalties agreement...
hope this helps
Ann: Muster Dam Iron Project Tenements awarded to Magnetite Mines, page-101
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