Might be worth talking to Mick to get some more details about...

Might be worth talking to Mick to get some more details about whats going on with the FS.
I did some rough calcs for the opex based on the half year report and it looked like the OPEX hadn't changed much for the 7.2mtpa case (at 19% grade and 70% recovery). Still above $60/t.
The capex seems ok, but wasnt sure exactly what was included in it (e.g the trucking fleet??)
Dont know which was to go on this one, need to see the 7.2mtpa DFS.

IMHO if iron ore looks like getting below $90-100/t the project may be another non starter, unless there is a good deal with financing or if there are significant high grade zones that can get them a year or two with a much lower opex.