Monday, February 23, 2015 8:02:31 PM
You still haven't explained how they will be the lowest when you several new processes to the already ungodly number ways to handle the ore from mine to port.
You are NOT by any means the lowest, but will the highest cost in the world.
For example, BHP and Rio Tinto in Australia has DSO where they just crush and ship. You, on the other hand has to crush the ore to dust and I mean dust just to try and liberate the minerals. You then have to use several processes on an unknown and unproven way to remove sulphur. And that makes you the lowest cost producer in the world?
As of now, this mine is uneconomical and will be unless the price of 62% fe goes to 100+
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