200,000 tonne bulk sample, page-8

Yeah I think they are as well.

From the rail agreement it looks like they are targeting 1mtpa. So with that in mind it looks like they might almost be self funding to 1mtpa based on the profit from the first 200k tonnes.

So I think we wait for confirmation on operational costs on this trial mining and confirmation on future expenses but if we said the operational costs were $70pt and we can sell for $135 aud pt. And assuming no debt ??

A 1mpta operation can make $65 per year after operation expenses. This gets even more interesting when we start looking at a 3mpta operation