how does wayne do it?, page-85

Shadow,

100% agree ..what is A BFS for?? ..what is its function?

All it is as another time consuming and BS report that will prevent fast tracking towards production.

IMO ..The only people that need a BFS are the partners or suitors that want to get in but do not have the readies at the ready.!!! You either have the dosh to pump into a project or you don't... They typically need a BFS to activate 2nd or 3rd party funds to lock in a position and stall a project.

Resource types I deal with at the moment remind me that a BFS is equivalent to BS, if you really want to fast track a mining opportunity to production.

In my terms a BFS = BS procrastination to fast tracking forward project funding dollars .. that is ..drag it out scenario.

There is more to this resource than meets the eye ..it's the MAGENTITE.

Many or the posters are dismissive of it ..the are other others in the game that are very aware of it.!!

It was worthwhile noting in a recent report that the Magnetite was going to be separated from the normal copper etc production... thank you!!! just my opinion.

The magnetite has attracted considerable attraction as a stand alone play. The demand is there and please do not associate it with the Xmen Fe current status.

If WM cannot flog the mag ..maybe someone else!

Cheers HR

No advice given or intended. That's how I see it. DYOR