GREY:ADEXF - Post by User
Comment by
greenandgoldon Aug 30, 2011 12:56pm
156 Views
Post# 18993827
RE: RE: RE: RE: More on Scale
RE: RE: RE: RE: More on Scale"I think AXI should hire you..see you start tumbling some numbers and maybe they just start making sense...now do you think the likes of Wardrop are going through the same basic simple math that we are doing here? I'll trust the experts and wait for the DFS to come out and it will explain it all very nicely...then please when you actually read the DFS (if you decide to do so) come back to this board and tell us if it all makes sense."
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Well, AXI should hire somebody. Preferably somebody's who has run or built an iron ore mine.
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Don't most companies basically explain how their mine is going to work before the feasibility studies? The feasibility study firms up the math on profitability in various economic scenerios, but the basic plan shouldn't be so shrouded in mystery. Nuggets or concentrate? Roughly how many million tonnes of production? Year-round shipping or just summer shipping? Roughly how big are the boats you need to ship the product?
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Does the AXI website or corporate presentation have 1 sentence about the ice in Foxe Basin?