We have hundreds of million of tons not 12MT.
The 12MT is the DSO we will pre sell to bring forward revenues in the next 12 months.
Stage 1 - rip out 12MT, dump it on the ship and send it to steel mill - $$
Stage 2 - use above funds to complete Irvine development and start 40 year IO supply to china - $$$
Stage 3 - Mine >100MT of pure dripping DSO heaven undergound at Cockatoo - $$$$
Overpriced? Happy to take your parcel off your hands at 17c if you like.
We have hundreds of million of tons not 12MT.The 12MT is the DSO...
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