re: Ann: Razorback PFS Brokers Presentation -...
Am I missing something? ROY’s latest presentation is comprehensive in its presentation and appears to have addressed all the issues of mining and transport to ship. The report has systematically explained all the costings and appear on paper to be accurate and very competative to other similar mines. The innovated slurry piping of the treated ore will save a considerable cost against trucking ore to port. The total land holding that ROY controls with potential increased ore reserves makes this arguably one of the biggest magnetite deposits in Australia. So why is the SP laboring around the 5 cent mark? Any feed back would be welcome.
MFE Price at posting:
4.8¢ Sentiment: Buy Disclosure: Held