MIN / BCK JV, page-2

 

 

  How refreshing it must be to work with professionals.

Important to MIN / RCK agreement is no CR for BCK. MIN will recover some of the BCK cost from sales Of I/O. Royalty in revers if you like.

MIM Res has similar Asset cap to T   3bn.

They can do state agreement, port, rail and mine in two years. Others are struggling after 3years.

A few years ago RK floated an MOU with BCK which had the rail going from BCK to Port Headland with a spur line to PIOP.

Well MIN will have a light rail going past PIOP.  

In another thread a poster asked in effect what’s in the future?

Well,  Up to SH!

BOD, First year worried about wet season.

2^nd year fires on the distant horizon

3^rd year problems raising funds, delist (F the SH)

Non T   SH funded the exploration and discovery of  I/O, Vanadium, Titanium and whatever else is there. (gold?)  That guys is more than what FMG has.

Just a reminder that Rio has been beneficiating low grade I/O since 1979 (ye last century)

Current bod has shown us the way to To Panel so lets see where it ends. I thank the two applicants  and think SH have a great chance.

I don’t know the logic if bod uses such, in making an anns where   SH loose millions, hundreds of thousands and thousands $ in descending order.  

GLTA