bright future as iron ore producer.??, page-11

So if ROY does not finish BFS by early 2017, mining right revert back to Mintech?

Once finished BFS, ROY will need to pay $20m to Mintech?

Maybe investors are worry about tight schedule and $20m payable to Mintech. I know early 2017 still long way, but where is ROY's PFS after so much delays.

Also BFE is very expensive to fund could cost $50m or more in some cases. So you really need a generous JV partner to fund BFE fee & $20m payment, & running cost.