A research report from Strachan Corporate is available on Mindax's website:
http://mindax.com.au/upload/documents/InvestorRelations/Analyst/20100906_20100903StrachanReport.pdf
I wonder how much they are paying for these reports? It just looks like a quarterly report with a small amount of extra information.
The current DSO JORC is 1.16MT at 54.8%Fe, while they will be looking to substantially increase the resource size, they will also wanting to increase the grade as DSO is typically closer to 60%Fe, although the grade may be able to be increased through crushing and screening.
Funding will be the biggest problem, i think they would be looking at several hundred million dollars to get their project to production, although sharing infrastructure costs with Jupiter and others in the region will decrease the cost burden.
strachan corporate report
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