re: Ann: HAO: Mt Webber Deposit Scoping Study...
I should also point out the obvious that the NPV is strongly constrained by available berthing space at Utah point (2Mtpa). Obviously it will be substantially better than that. If other companies do not use that space (including companies that have recently done deals with either with BHP, Rio or those with FMG), their allocations will be up for grabs. From my calculations, berthing availability at Utah Point is probably about 6Mtpa, since BC Iron is now doing a deal with FMG and will use their facilities!!! Calculate the NPV at 6Mtpa and you will get a very different number.
Woo.. Hoo..
The train is steaming up boys - hop on board
GIR Price at posting:
$1.39 Sentiment: LT Buy Disclosure: Held