that is impressive, page-11

UM, couple of thoughts..

1. If they process ofshore, wouldn't the infrastructure cost be quite low. The $162m you refer to would be needed for a full blown plant at Mt Peake

2. If they process offshore, given the Chinese connection, one would have to assume it would be in China, and one might assume, they would fund that cost, for the benefit of an attractive offtake agreement...in which case the DFS becomes unnecessary??...and in which case, production could be quite near term??

If it makes $300m/year with a capex of $500m, I would vote to make a lot less but with minimal capex, wouldn't you? Plus, building a plant offshore (ie China) would be a dream compared to all the rigmarole here.

I sense this is a lot more advanced than we might imagine....I point to "discussions with commodity traders and end-users has commenced"

I look forward to making further investigations at the Noosa Mining Conference.