RE:Some Thoughts on The Taconite FS
regarding financing calculations i would wait to see the full report released.
the highlights did not mention anything about production alternatives. i assume these alternatives will be published under a sub-point at the full report.
the production of 17m tonnes of pellets will be achieved through 2 pellet plants with a capacity of 8.5m tonnes. why don't we start "only" with 1 of them and add the second some years later?
with the now very high capex, with only 1 pellet plant we might see a capex of around $4-5B and we will be again at the capex level of the PFS.