TNO chart, page-28

Yeah I agree a PFS is needed to take this the whole way. It helps show project viability, not that I doubt Tando one bit but it helps leverage the company.


Cheap CAPEX and OPEX will help As a bargaining tool to get a better deal when it comes to commercial discussions. Would you want to give $250mil to get something up and running or $750mil? Without a PFS we can only guesstimate what coatings would be.


As for Hartleys buying you just have to look at how they helped CLA from 4c to 23.5c now, they didn’t help place that asset for a small gain and I bet they want a BIG pay off here.


Anyone checked out Bushvelds price lately? Ba ba booming!