Touchy times Lorenzo
Most here understand exactly what should be and potentially is happening.
1. Raise money (
Chinese Capital - Belt Funding) - Potential required $6 Billion Australian
2. Negotiate Western Australian Government (
Infrastructure minister) - Tender Award
We the long term bleeding holders believe both are happening Literally as these words are typed.
and therefore very confidential and price sensitive.
This is not the begining but the finalisation of 20 years plus of Oakajee port and rail discussion's
hence the (you could here a pin drop nature of the timing)
We will know very soon one way or another
If both happen then share price goes boom.
If not then nothing changes but a potential increase/upgrade in Iron ore assets (
Read JORC). with no real way to get the iron ore to market - hence the required infrastructure
Really - DYOR