Back in January MGX made the ann that @ an exchange rate off $US77c the net per tonne should be around $9.60 ...$12 before they pay royalties I think....
The capacity to move larger quantities through the port shouldn't be that great an issue, if you know the Geraldton Port at all...Do you? If so, what else gets shipped form there????
There is a good scope for expansion within the bounds of the port....
The new rail link ( Souhtern Corridor ) is in the throws of construction, so as far as extra tonnes reaching the port in the future I don't see a great problem either...The old rail line into the port is far from satisfactory....
What else ????
there we are then, page-3
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