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Champion Iron Mines Limited CPMNF



GREY:CPMNF - Post by User

Bullboard Posts
Comment by edflanderson Oct 13, 2011 6:04pm
152 Views
Post# 19147221

RE: RE: RE: RE: RE: Rail, ADV vs CHM

RE: RE: RE: RE: RE: Rail, ADV vs CHM> The cost of construction equipment and labor has skyrocketed since CLM built its rail spur for $5.3 million per km 2 years ago.
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That number includes costs like the train yard and loading/unloading facilities, which are not proportional to track length. I've pointed that out to you before so I don't know why you continue to make that mistake. The correct per km number is impossible to know since CLM didn't break it down. Luckily BDA (not management---the contractors who also worked on Bloom Lake) has given us an estimate in their PEA: just over $1 million per km.
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Bullboard Posts