I,m confident rail/port projects will get done because not just for us but it will open up a part of very mineral rich areas in this region of africa.
I,m sure that the Govts of the area will wrangle a deal, nice if we,d had it but reality is it was out of our hands.
The last agreement was I think we had 9mts AFTER the govts got there part of the deal done.
A world glass IO deposit at the end of the line helps the dynamtics of the overall oppertunties that will excist for chinese companies.I think a few big chinese steel producers will nip in to secure there own long term needs.
I agree re comments regarding costs & management, however in regards to Wally and the boys I think the board must review and appoint experts in mine set up, which I see is the role we are now slotted in this jigsaw which is africa.
Its appears hanlon (hope 1/4 clears this up)have already paid 40c ? for there stake and boris &the boys 10c etc so I think we,ve worth more than 2c.
I think even if we were forced to the wall (we,re already bent over a barrel) one party of another is going to want to make a grab and other partys are going to want their money back ( at least)and that might even make our 2c company worth a penny or two.
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