Interesting IOH have a similar start up at 15MTpa (up to), for 12-years...
Big difference in shares on issue however with 166 million.
Mine Study
Confirmed the basis of resource modelling and Mineral Resource inventory. [Currently, Mineral Resources have not been converted to Ore Reserves.]
Confirmed technical viability of a staged development with a production rate of up to 15Mtpa at an average grade of 58.6% Fe for a 12-year period.
No high risk matters identified that are likely to impede development of a conventional open cut mining operation.
cheers
interesting read
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