""($7.5b dollars worth of Magnetite would have to take the cake of the most outrageous upramps of all time - its base case economics for a 10 year copper mine was only $3b - )""
Hi Hoots, to be able to get $7.5b dollars from the Magnetite, at todays prices one would have to sell 150million tonnes of Magnetite.
To that, all I have to say is, Rio Tinto, FMG and other majors, eat your heart out.
As you call it....an extremely outrageous and baseless ramp.
