BBX 0.00% 24.0¢ bbx minerals limited

"PFS hardly required because the huge grades and tonnages well...

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  1. 2,582 Posts.
    lightbulb Created with Sketch. 39
    "
    PFS hardly required because the huge grades and tonnages well and truly answer any questions about the profitability of the operation"​


    I don't buy that statement for a moment. Feasibilities do a lot more than just economics.​


    Basically they are going to build a tin pot show and problems solve their way, because a genuine feasibility would be just too hard.
    They will bash through the problems as they occur, and there will be a lot of them.
    Hopefully they will be cashflow positive (how would they know until it happens?)

    But this project has never been conventional from day 1.

    Gosouth


 
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