FMG 0.35% $25.66 fortescue ltd

LoL, they were pushing out a gigantic 150 tonnes per day........

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    LoL, they were pushing out a gigantic 150 tonnes per day.....
    Fortescue does 526027 Tonnes per day.
    Iron Bridge will be doing 60000 tpd
    All with with roughly the same landed cost as their product.

    Their goal is to run 1000 tpd, so if they make that, great for them, but it just doesn't scale.

    Seems to be lots of companies right now looking at using tailings.... wonder why its the suddenly the next hot thing whilst its been dumped and ignored for decades?

 
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