Maybe after more drilling but the last time I looked at it it currently stood at 10 years maybe going to 30 years mine life. Someone will correct me if im wrong.
Thats the crux of it it needs to be so much MTPA at such a grade over the total resource to be a viable project.
People always forget the Iron Ore is the most abaundant mineral on this planet. Its about getting it from A to B so its makes some margin. Many cant do this because of the grade,freighting costs,IO price fluctuations etc.
MMX Price at posting:
$1.06 Sentiment: Sell Disclosure: Not Held
