thats quite a move upward, and predicated on two giant " IFS ".
putting that aside, do you think we will resolve the EPA/DEP/BLM/DOGM issues by then???
if not, they could greatly hamper the production of concentrate, then of course the shipping of concentrate, and naturally, needless to say, long term financing.
furthermore if those problems exacerbate somehow, thru bureaucratic snafus, it could even shut down magnetite production, thus, virutally choking off ANY revenue cprk has.