Their iron ore concentrate price assumption in the PFS was $100 per ton...not sure of the sensitivity to Fe price on the new yet to be delivered BFS but the PFS was for the full scale project.
Loyal holders will be rewarded though - according to lthe last announcement by March next year we might have the satisfaction of an "update" on why the management haven't finished the extended revised BFS yet - I am really looking forward to it immensely because no doubt the update on progress will be a momentous occasion. Maybe the consultants misunderstood the term and think it that because it is a "slow startup BFS" there is no rush to write one?
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