excellent announcement regarding desktop study

Estimated FOB operating costs of $US30-35 per tonne. That means a potential for a really low cost producer and a very profitable scenarion with an iron ore price above $US100.

With a 95MT resource on a potential 500MT project and a ten year operation this is turning into a winner. Also stated that capital costs for setup should be low.

Especially interesting is the line from Mr Koff regarding AcelorMittal reportedly committing US1.5B for expansion of existing operations in Liberia..
I wonder if they are one of the interested parties...

Shaping up nicely.