Hi (gtsman_05)I am not knocking the grade or resource,it is...

Hi (gtsman_05)

I am not knocking the grade or resource,it is looking to be very high grade.It looks to have a long target length.

If rail is just under $20 per tonne,what will mining cost be?
FMG mining cost with surface scrappers is $19.56 per tonne.
GWR will need to drill,blast and crush,as it is looking to be 70%lump.
GWR resource looks to be a reasonable depth under cover,so more cost to mine to get rid of the over burden.

I only posted because the other poster obviously did not look up how far GWR are from Port when they knocked FRS for being so far from port.
FRS are very close to BHP's Jimblebar rail line.
FRS also have BHP,RIO,FMG and AGO/WRK all around them,and are looking to build their own rail line with the help of the Chinese to Christmas Creek if BHP do not come to the party about third party rail.

Regards
Westcott.