RE: RE: RE: KeMag NPV Well reasoned post. The link by Ironore to the India article suggested positve dynamics could come into play Tata, and, NML,if things work as they are expected.
J Duade, can you please give us a ball park figure on how much of the $6 Billion Capex to develop LabMag, would be for railroad related expense? And how would that compare to the railroad related expense cap ex percentage wise, to access the existing railroad from an iron ore project within 30 KM of the Schfeervile terminus. Is the proposed $6 billion cap ex to develop Labmag based on using the excess capacity now available on the railroad to Schlefferville. If not is it based on double tracking the existing line or on a new railroad all the way to port. These are important questions because, a lot of iron ore projects must have access to that capacity foremost among their objectives. Another question would be can you equate the extra price of a fly in fly out iron mine, as Lab Mag will be as proposed, from an operational cost standpoint, in a price per ton expression when compared to an iron mine in the Labrador City Area?
Canada Moose