lowest cost iron ore in the world

Could this turn out to be the lowest cost Iron producer in the world ? After looking at the MPS securities analysis , It could well be .
Capital costs estimated at $30 m would put it in the realm of the lowest capital cost in the world for this kind of return .
EBITDA could be 1.3 BN per annum .This one could be a 30 bagger .Management looks great ,with Bill Kluckow who has 20 years experience at Richards Bay minerals the worlds largest mineral sands operation ,and almost identical to this deposit . .Huge Vanadium and Titanium resource also .