The West Australian reported that BBI Group has pushed back a deadline for its USD 6 billion iron ore Pilbara port and rail project by 18 months and reported poor drilling results. The Todd Corp-backed company has also struck non-binding offtake deals with Chinese customers for up to 40 million million tonnes per annum of ore. Associated company Flinders Mines said BBIG had obtained an extension under a State Agreement for the submission of proposals for the Balla Balla project from March 2019 to September.
Sorry 40m and poor drilling result bull crap FMS has great potential.
FMS Price at posting:
4.8¢ Sentiment: Hold Disclosure: Held
