RE: I don't recognise..8 Jan 2025 09:04
Hasn’t got a Danny.
Simandou- $15bn sale for lower grade and massively higher sunk costs/capex.
Zanaga - higher grade, lower sunk costs/capex and easier route to market.
Just think conservatively, 30m tonnes at 68.5% at $150t = $4.5bn per annum. LoM is currently 30 years = $135bn
Those projections are very conservative.
Your trying to sell it off at $600m 🤣🤣🤣🤣