FEX has built up a sophisticated logistics company, moving forward mining would not be their focus. Logistics would be their business model. Their are a lot off lucrative ligistics companys on the asx.
funding will need to come from somewhere else who wants high grade pellets for their dri plants. their would be a company’s looking at us for sure.
I think FEX are trying to help push us along until such deals can be done. Ultimately get a contact to cart ore for 30 yrs.
we need to start seeing some more positives moves in the next few weeks, before another 10 yrs passes us by.
with a bit of luck we might see a very detailed study in the next few weeks.
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