FEX 2.50% 39.0¢ fenix resources ltd

Ann: New $70 Million Haulage and Logistics Contract, page-93

  1. 2,513 Posts.
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    This is interesting......GV intends to mine approx 3 mtp/a 50% will be shipped from Esperance.
    The 1.5 mtp/a via Esperance will consist of a blend of ore from Wiluna and the rights to mine Ularring mine west of Menzies.
    The rail siding for the Ularring mine is 130 km to the east and about 350km south of Wiluna.
    Distance from Wiluna to Esperance 924km.

    Distance from Wiluna to Mullewa 619 km plus 100 km to the port.
    When GWR owned the Wiluna project shipping from Esperance was looked at.

    The agreement GV has with FEX is $1.4mill up front which can be offset against costs.
 
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