Alderon Iron Ore Corp AXXDF

Alderon Iron Ore Corp is a Canada based development-stage company. It is conducting iron ore evaluation activities related entirely to its Canadian properties located in western Labrador in the province of Newfoundland and Labrador. The company's operating segment is the acquisition, exploration, and evaluation of mineral resources. Its flagship project is the Kami Iron Ore project located in the Labrador Trough.

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Alderon Iron Ore Corp

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Comment by BGrahamon Jan 09, 2013 4:15pm

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Post# 20817138

RE: RE: Investor Call Summary

Bigspoon;

I wanted to get back to the point you made here as I wonder to what degree the FIFO camp actually increases opex? I'm wondering if this would make a significant difference Bloom vs Kami opex numbers?

Would like to see that comparison set out in hard numbers!

If it (FIFO) explains the approximately $18 per tonne opex difference, then god help the FIFO projects.

I think HVAN clarified that the Kami project would only be using camp set-up for construction and that operational employment would live in the communities of Wabush and Lab City. This is not unusual - IOC put up camp infrastructure to house construction workers for the CEP Phase 1 & 2 expansions for instance.

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