GREY:ADEXF - Post by User
Comment by
Tepinon Sep 15, 2011 5:48am
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Post# 19044152
RE: RE: RE: RE: XXP Due Diligence
RE: RE: RE: RE: XXP Due DiligenceRegarding Baffinland's Mary River project: You can't compare RB to Mary River. The yearly production rate (Mary River) will be much higher and the whole equipment has to be transported a long way to the mine. Do not mislead readers.It is very interesting that you assume that AXI needs icebreaking iron ore carriers for RB. You are mixing up whatever you want to. This is not serious DD. AXI has a natural deep water port at RB. The construction costs for the RB 5Mtpa port or maybe more (DFS will tell us) will be much less than the one that BIM needs. I believe you have no idea how much iron ore BIM wants to produce, do you ?