Hi Peppie, thanks a heap. 10-30 years of those sort of returns suggest that we are unlikely to reap the full rewards, I would suggest it may come under scrutiny from other miners or from end users who wish to lock up the source of raw material. To wrap up a lifetime supply like that for $250 mill would seem a reasonable move, I guess that would really depend on what Sentient and Macquarie would hand over control for. Good news is that their average prices aren't ridiculously low, so we could be in for a reasonable ride before any change of control occurs. Another key is the country it is operating in, no sovereign risk. DYOR
IDM Price at posting:
22.4¢ Sentiment: Buy Disclosure: Held