Unfortunately I have heard all this before..
A CAPEX of $4.5B coupled with a high cost processing plant and operating costs!!
I can't see it happening. There is an oversupply of IO as it is.
The DSO crush and ship mines have the market.
SINO iron has learnt a painful lesson here in WA with low grade magnetite and they have spent $10B+.
Maybe in a different world where the macro economics are there.
That's not now....
Unfortunately I have heard all this before.. A CAPEX of $4.5B...
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Last
7.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $64.90M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 59634 | 8.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.2¢ | 50000 | 1 |
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| Last trade - 16.12pm 29/07/2024 (20 minute delay) ? |
| IRD (ASX) Chart |
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