I would anticipate up to 50mt of iron ore from this region from Giralia - say at a minimal profit level of $10 a tonne over 5 years - looking at $500m profit just from this area - as has been pointted out the rail link will make ALL the difference to the projects economics!
Not counting GIR's 4 other major Iron Ore targets, its uranium asset and its nickel ground. Anybody notice that the ground PacMag is so excited by in SA is 49% owned by GIR?
GIR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
