Hi Nzak,
So from this are you implying that all iron producers make roughly the same % of revenue in profit?
I find this a very generalized approach when for example, one producer may be delivering its ire much further than another.
Ife have done a feasibility study on this and if it can't be trusted then one should not look at Ife at all.
I know the project Npat may not be company profit but this is a one project company with minimal overheads.
The financials look great to me.
Regards,
W.
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