Interesting comparison between VXR and G1A (with similar market caps) who are both planning to develop similar scale, greenfield base metal mines in WA. The capex to develop G1A's underground mine in the middle of nowhere is $154 million while VXR estimates $169 million to develop its open pit mine just inland from Port Hedland. Not hard to guess which horse I am backing.
Ann: Sulphur Springs DFS Results and Reserve Upgrade, page-6
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