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Thursday, January 05, 2023 4:26:38 PM
At this time, I have some confusion as to why this cannot get completed. When you look at others in the area, IOC, Tacora (Scully), Tata, Champion, Joyce Direct Iron Inc, and others, and look at them for comparisons this might be the lowest cost out there for a shovel ready mine in 12-18 months' time let alone over 12-year life of mine. What am I missing. We have existing assets and infrastructure, permits, future next mine assets, beneficiation plant permitted, existing rail, and cleared roadway for future rail. PEA was at $90, the price has only been under that price for 12 days since June of 2020 and the average has been well over $110.
My project for right now is to post other miners in area, especially proposed projects and estimated costs. I appreciate comments, I am trying to open up discussions on what might be next, and to be better informed, I would love a numbers person or persons to post their opinions, but I do not respond well to people who do not play nice. so please play nice, otherwise I am happy to take my marbles and go home.
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