GREY:AFRIF - Post Discussion
Post by
franciso1 on Feb 23, 2013 5:51am
AFF evaluation
All AFF evaluation are based on the 43101(aug.20 2012). They drilled 27000 m. since that time.
We need a revised 43101 to have a better estimate of the real value.
The 43101 was based on 1.50$ per dmtu or 93$ per ton. Actual price is 2,40$ per dmtu or 150$ per ton.
They also say they can produce a 70% iron. At 2,40 it is 168$ per ton. It change considerably all parameters of the open pit(Lerchs Grossman optimised shell)
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