TI1 0.00% 1.4¢ tombador iron limited

Ann: Quarterly Activities Report, page-14

  1. 1,601 Posts.
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    yep; I read way back about it already had been sorted, or at least discussed.
    Cant find that bit. Might be buried in the prospectus. When I have time, I’ll try and find it.
    obviously no deal done, as yet, but it does seem likely. But until deal signed, it could go either way. To me, it’s just nice cream if it comes off.
    with the beneficiation plant we have added nearly another 2 years to LOM, plus whatever the step out drilling gives us in the high grade. The results we saw from previous drilling were excellent. So I’d expect more tons of very high grade & therefore more years on LOM. I think we’ll have at least 10 year LOM and higher throughput as well, as Pihrana has previously suggested (up to 1.3mtpa).
    Cleary they’re focused on digging up as much as possible in these high IO price days. I’m good with that.
    cheers,
    ned.

 
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