I shouldve said costs as calculated in house by company were 50bucks a tonne; 10mill pure DSO and 60mill upgradeable to DSO; 2mill tonnes proddy a yr. Theyll make a profit of circa 50mill on todays IO price; 50mill shares on issue! Its trading at a future PE of less than 1. 10mill startup and the rest to be funded by TRF whom hold half and the contractors; trucking to port; AWAITING BFS.
Others some i 4got include WPG near infrastructure, WDR also near?? FRS IOH BRM all contingent on others' infrastructure tho
