It may very well be Marampa despite it already having rail and port. The current rail is only 2Mtpa and the port isn't a deep water port. Upgraded pipeline and port isn't in place yet and is through African Minerals. A buyer can build their own.
The 1Bt resource they are after also fits. Marampa has a proven resource of 680Mt and a further exploration target increasing it to 1Bt total.
Cost wise it may be off but undoubtedly any buyer would be doing their own maths. Jindal may be able to get it up and running for less than CFE's estimates through efficiencies - ship their own steel maybe? I dunno.
I don't see them wanting any of the other projects as they don't have any proven resources.
It may very well be Marampa despite it already having rail and...
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Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.73M | |||
| Open | High | Low | Value | Volume |
| 0.1¢ | 0.2¢ | 0.1¢ | $80.35K | 80.33M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 31658116 | 0.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.2¢ | 115578703 | 44 |
| Last trade - 15.55pm 01/11/2024 (20 minute delay) ? |
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