Hi Tremonti
1. Grange does not want ore from South Australia . . . because in the words of Ben Maynard, the resource at Savage River is never ending.
2. UG will not increase costs . . . . . . because UG will actually decrease costs significantly due to
(a) mine direct from rich source with no need to strip cover.
(b) unaffected by weather
(c) fully automated . . . operated from the surface.
3. Transfer is not limited . . . the slurry pipeline can handle at least 3mt . . . and possibly a lot more.
The above are just brief explanations . . these topics have been covered in previous posts in more detail.
GRR Valuation, page-200
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