TI1 0.00% 1.4¢ tombador iron limited

Ann: Quarterly Activities Report, page-15

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  1. 708 Posts.
    lightbulb Created with Sketch. 192
    Ah the Prospectus. Digging now ... has some good info (who would of thought? wink.png)

    Logistics
    ... In Bahia, the same state as the Tombador Project, the 861km West Extreme trucking route from São Desidério to Salvador had an average freight price of US $0.0371 per tonne km for the first Quarter in 2020...

    ~US$26/t for 700km mine to port.

    As for the mineral resources+rights. Check out section 5.7, 5.8 and 11.2.

    The tenement contains a hematite resource (which TI1 is exploiting) and also an itabirite resource. It is this itabirite you and Pihrana are talking about right? ~40Mt indicated. This itabirite resource is covered by a mineral rights agreement that gives CIM (Colomi) an option over these resources. Tombador can not touch them.

    Last edited by MrInvestor2: 30/07/21
 
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