very cheap at this price., page-21

An extra 30mtpa+

AGO extra profit at $20 per ton $600Million dollars per annum.
AGO extra profit at $30 per ton $900Million dollars per annum.

So what they are saying is we could potentially get our money back in the first year of operation.LOL

Building that extra bit of railway to connect to the FMG route is probably not the solution for AGO anyway. This is why they have Aurizon doing the rail study.


We will still have to pay though, but I suspect our associated infrastructure will be where the pain really lies.

Instead of making 900 million extra a year we will make a mere 500 mill extra a year.

The Productivity Commission new infrastructure access rules may well give us access to some of the other railway networks negating our need to build any new rail.
Desperate times!LOL


Atlas Iron Ltd (AGO) Be careful what you wish for...
(WTF) World Trade Federation what the.......

Give us all a break!