John68,
Good work,
It occurred to me looking at your figures that this ore body would never have been mined if Iron Ore prices hadn't skyrocked.
This project was knocked back by plenty of companies because the numbers didn't stack up, especially if you were to truck the ore to port.
As long as the Chinese keeps buying evrything that can be dug up at todays prices and next years then Murchison will kill the pig.
Only takes a $20 movement up or down and its either a cash cow or a dog trying to paddle.
Anyway good luck to them having ship ore out to its customers. I can't see the Chinese backing off for a decade so all should be rosy
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