AGO
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0.00% 4.5¢ atlas iron limited

The CSIRO process may well work, but scaling up their 10kg or so...

  1. Fezza333
    554 Posts.
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    28/02/18
    19:23
    Post #: 31427845
    The CSIRO process may well work, but scaling up their 10kg or so batches to 10 million tonnes pa would be huge. In any case, AGO would go from fines and lump to a 10 million tonne stack of super fines, or powder. They would then probably need a huge sinter plant. Might cost $100US/t to fully process so they can sell for under $80/t. IMHO
    AGO Price at posting: 2.3¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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