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5.71% 3.3¢ golden deeps limited.

we designed a WA iron ore plant to process 2.5Mt iron ore to...

  1. sydney6791
    5,697 Posts.
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    02/08/21
    23:23
    Post #: 54976972
    we designed a WA iron ore plant to process 2.5Mt iron ore to produce 1.2Mt 61%Fe finished product per year. Total costed 8m.

    GED plans to initially treat only 0.8Mt ore per year via simple gravity separation, & SA labour cost is much lower than AUS (when in construction)

    that’s why I believe GED’s Capex should be less than $5m.

    GED Price at posting: 1.3¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch. 1  Great analysis
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