NVI 0.00% 1.1¢ nevada iron ltd

They will probably need over $200M to get to the increased...

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  1. 1,955 Posts.
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    They will probably need over $200M to get to the increased production levels.
    It would really nice if they can get the OPEX down by 30-40%,
    that should give them a real good chance of making it to production.

    Not sure what premium they get for their magnetite product at 66-69%, they might still get close to their FS assumption of
    US$110 FOB even with the current weakness in the Iron ore market.
 
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