AMC's iron ore investment26 Aug 2020 11:41
TDT i think you are absolutely right as do the BOD of Amur. The money to be generated immediately is enormous and will cover all our day to day costs going forward therefore meaning we will no longer need to raise smaller amounts relatively speaking of course. When the mining is up and running 4/5 million tonnes a year equates i believe to approx 600m$ a year (at $120 per tonne) if my calcs are accurate and we are responsible for 19% of this