LCY 0.00% 1.3¢ legacy iron ore limited

Zmans, I copied this from the Atlas- r> ridley site.The...

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    Zmans,
    I copied this from the Atlas- r> ridley site.
    The estimated capital requirement to establish the Ridley Magnetite Project is A$2,972 million, inclusive of a contingency of $250 million. The average annual real operating cost has been estimated at $36.22/tonne of concentrate.

    For additional details regarding the Ridley Magnetite Project PFS outcomes, please refer to the ASX announcement of 14 April 2009.

    I'm struggling to get to the actual announcemnt. But remeber it was quite detailed at the time. Costs for Mt Bevan should be similar unless further infromation is forthcoming. is H2O an issue at Mt Bevan?

    All this is highly speculative.

 
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