its also important to bear out Richie that our Iron Ore Resource and Reserves of over 1 billion tonnes(at a shipment rate of 20mt pa) equates to mine lives of 50 years. Also Iron Ore is a finite resource. Does anyone know the size and undiscovered iron ore reserves in the Pilbra. I imagine most would have been discovered during the last boom. That even makes our iron ore even more valuable in my opinion. DYOR
AGO Price at posting:
3.0¢ Sentiment: Hold Disclosure: Held