MDX 1.20% 4.2¢ mindax limited

yilgarn unlocked

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    New article on the Esperance Port upgrade available on the Mindax website.

    http://mindax.com.au/upload/documents/InvestorRelations/Media/20121212_YilgarnUnlocked.pdf

    Modest Esperance Port upgrade
    DSO Stage one – additional 10–15 Mtpa = total 26 Mtpa
    • Learning the lessons of Oakajee – no gold plating
    • Cap cost approximately $225 million – tariff structure
    economically viable for miners
    • No seabed reclamation (no two- to three-year additional
    environmental approval process required)
    • Two-year construction horizon possible once proponent
    selected to upgrade stage one infrastructure
    • New twin-cell RCD (rail car dumper)
    • Negative pressure sheds (750,000 tonnes)
    • New rail and conveyer systems
    • Upgrade ship loader from 2400 to ~5500 tph (tonne per
    hour).
    The SCS report


    Mindax also gets a favourable writeup as do several other Yilgarn companies.
 
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