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Bullish Sign? - Bounced off 200 EMA, page-2081

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    Also regards 320 km railway (from Mineral Resources the other day (July 24) with thanks to BCI thread poster @macssharesforfun  for referencing it there)
    .. I think it’s already been mentioned but here’s an update

    Pilbara Infrastructure Development
    “The Company’s proposed narrow gauge, lightweight rail system is progressing and has been modelled on a base case 20 million tonnes per annum run rate, with a total system capacity of 50 million tonnes per annum.
    The estimated total cost for this development is in the order of AU$1.4-1.6 billion* and will include costs for construction of a 320 kilometre rail system, rolling stock for the rail system, a fully automated stockyard and development for one cape size carrier berth.
    Once completed, this significant infrastructure development will form a key part of the Company’s mining services business.”

    https://hotcopper.com.au/documentdownload?id=uOMxKKzFkiWRTLKhOROKAxjvTDYC6g+7yROZrf53ke92GA==
 
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