GREY:ADEXF - Post by User
Comment by
rpdelucaon Nov 20, 2012 3:18pm
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Post# 20623508
RE: Meeting at Hall Beach
RE: Meeting at Hall Beach Thank you Shopkeeper for the update. Very helpful. We all know that the 15 year mine life from the FS was bare minimum and you want to get more years out of the mine in order for the NPV to be more fruitful. One thing for certain is that there is not a shortage of iron ore between RB and Tuktu...we are talking about a 140km banded iron formation. With more drilling, it is very easy to prove up more resources and expand the life of the mine. It's also good to see that the community is behind this project which is a critical piece of the entire negotiations...