‘Bush Telegraph’ pointer to the Thorny Devil that already decorates Mineral Resources front page
Apart from gazumping my mascot there may be good news down that track down the track for NRW with today’s announcement regarding a farm in agreement foreshadowing a $300 million dollar spend 50/50 with Brockman Mining on
https://hotcopper.com.au/documentdownload?id=uOMxKKzFkiWRTLKhOROKAxjvTDYC6gy+yBWZrf53ke92GA==
“Development of the mine site and installation of the key non-process infrastructure and utility assets are estimated to cost a maximum of A$300 million (JV Assets). MRL, in its capacity as JV Manager, will operate and maintain the JV Assets on behalf of the Marillana JV. The cost will be split 50:50 among the Marillana JV partners.”
( however seems that before any if this goes ahead there needs to be a quarter of a million dollar spend on more exploration )
Bullish Sign? - Bounced off 200 EMA, page-2080
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