What do you guys make of the cost blowout and redeployment of contractors from the Iron Bridge project ?
...Iron Bridge was scheduled for an estimated $US2.6 billion ($3.4 billion) of capital costs in April 2019 when Fortescue announced its final investment decision for a stage two development.“In February, Fortescue completed a detailed review of the Iron Bridge magnetite project which indicated a revised preliminary capital estimate of up to $US3 billion, with a further 12-week technical and commercial assessment under way scheduled to be completed in mid-May 2021,”...
Rhinehrart Lieutanant warns MPs to prepare for Iron Ore price fall, page-4
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