Price key risk for Strike 

ASSUMING the iron ore price stays around current levels, Strike Resources says its Paulsens East project in the Pilbara should deliver booming profits, but the company needs to get its mine built quickly, with targeted shipments of direct shipping ore in the September 2020 quarter.

Price key risk for Strike  Price key risk for Strike  Price key risk for Strike  Price key risk for Strike  Price key risk for Strike 

Paulsens East could be mining within nine months.

A scoping study shows "excellent project economics" for the small deposit, with cash costs of US$41 per tonne, and shipping costs around $13/t.
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