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I have found the following on Gindalbie Metals Magnetite...

  1. SilentPartnr
    2,247 Posts.
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    18/02/10
    18:02
    Post #: 6348419
    I have found the following on Gindalbie Metals Magnetite project:

    Page 7:
    - World-class 522 [email protected]%Fe Magnetite JORC Reserve and 1,853 [email protected]% JORC Resource =Long Mine Life
    - Start-up production 8 Mtpa premium 68.2%Fe concentrate, Plus Production Upgrades= Future Growth
    - Low mining strip ratio (0.34:1), close to Infrastructure= Low Operating Costs

    Page 12:
    Karara Magnetite 8Mtpa start-up, with substantial growth opportunities
    BFS Capital Estimate (Based on 8mtpa)A$1,800m
    FOB Concentrate Costs A$46/t
    Karara Concentrate FOB price 2009+A$97/t


    Source:
    http://www.gindalbie.com.au/Investor+Relations/Latest+Presentation/default.aspx


    Regards

    SP
    ADY Price at posting: 6.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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