GEN 0.00% 16.0¢ genmin limited

Hi squidd, yes it's a very low capex, not sure how they would do...

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    Hi squidd, yes it's a very low capex, not sure how they would do this for a 5 mtpa operation.

    Kogi Iron put out a 5mtpa PFS in 2014 (Nigeria) for a low 56% Fe concentrate product. Capex US$497 M although they were going to send it down a slurry pipeline then down river by barge, so a fair bit of capital costs involved here that would not apply to Genmin's operation.

    See PFS below:

    https://www.kogiiron.com/sites/default/files/asx-announcements/6665267.pdf


 
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