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from the aqa thread

  1. 140 Posts.
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    I hope Imajicatrader doesn't mind me posting this here but it is quite relevent to CUL believers with the all important Catho Well stuck in the middle of AQA's plans.

    highlights from the BMO Capital Markets 2008 Global Metals and Mining Conference Powerpoint Presentation

    West Pilbara Iron Ore Project

    * Aquila?s objective is to develop a 30Mtpa operation
    * Current resource of 260 million tonnes (JORC)
    * FOB operating costs likely to be US$15 ? 20 per tonne
    * Revenue estimate of ¡­ US$60 per tonne (2008 prices)
    * Pre-Feasibility Study to be completed by March 2008
    * Updated resource statement due in Q2 2008

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