Thats what BFS will determine. I believe the estimated cost of a slurry pipe is $500m. Compared with WA iron ore that is very cheap.
Production profile is 2011. Still in time to take advantage of great prices.
This is a long term buy.
Got hammered along with rest of the market. In time if the market holds up then it should find its way back to $2.
large iron ore resources: update, page-7
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