highlights from the BMO Capital Markets 2008 Global Metals and Mining Conference – Powerpoint Presentation
West Pilbara Iron Ore Project
* Aquila’s objective is to develop a 30Mtpa operation
* Current resource of 260 million tonnes (JORC)
* FOB operating costs likely to be US$15 – 20 per tonne
* Revenue estimate of ∼ US$60 per tonne (2008 prices)
* Pre-Feasibility Study to be completed by March 2008
* Updated resource statement due in Q2 2008
develop a 30mtpa operation
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