What are you missing here?
Incompetent management that never meets any of its timelines.
Mining in Peru began late last year and so far a whole 35 million ton has been shipped.
FID at Paulsens East was due January this year based on initial ann after pfs was completed
Shipping costs are sky high at the moment which you haven't taken into account and iron ore is likely to break under $100 early next year.
If only the board of FEX was running the show.
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