Mount Mason Iron Ore
5.9Mt @ 60% Fe DSO Hematite Iron Ore Project2011
Scoping Study completed on a A$110 IO price (now ~$A190)
showed:- 1.5Mtpa Production
Rate- <1 Year Pay Back- 74% IRR- $80m+
Free Cash Flow PA- 4 Year Mine Life$25mil EV
Iron Ore going a hell of alot higher
Juno Minerals Limited, page-6
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Mkt cap ! $5.458M | |||
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