"The Company is confident that adequate water for the process will be available within a reasonable distance of the process plant"
So does this mean the current supply at 100km is unreasonable?
Imo, management have dropped the ball on this one big time. How can it be? Well, Peter, as per his bio, has never taken a spec explorer through to production. Big difference to being a CEO at heavily capitalised Ivanhoe Australia.
Having never taken a spec to production, does attempting to do this with 2 projects on different continents, increase risk/probability of failure? Discuss.
All imo
Ann: Half Year Accounts, page-7
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