yes the company stated that at $90 a ton we would pocket 30 mil profit and we're going to get finance for another 20 mil to start the mt Lindsey but if iron ore stays above the $90 its more profit so with demand growing for iron ore hopefully it can stay above $100 for the life of the mine and we might get the 50 mil we need ... then if chalice hits something big at thor we will have another option to put in 30 % to build a mine ....quick question does anyone remember what our cost of production was at Mt Lindsey???? Was it 12k per ton ???
yes the company stated that at $90 a ton we would pocket 30 mil...
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