Replies to post #6605 on Labrador Iron Mines Holdings Ltd (LBRMF)

[amaration]

Correct me if I am wrong..

Houston PEA states production of 2 million tons a year. Iron ore is $90/ton.

I believe the world still needs and wants iron. Infustructure, and New Iron air battery technology.

From PEA:

Mining Operations - Year-round ~5,500 tonnes / day - Mining
Dry Crush and Screen
Rail Operations – May to November ~10,000 tonnes /day - Rail ~2,000,000 tonnes / year production New rail siding
Houston 1 & 2, rail and road permitted New access road cleared