Ann: Binding MOU with Sinosteel, page-30

  1. 2,755 Posts.
    3rd argument is they just stay majority shareholders. I think its not past the realm of possibility not probability is you don't wish it to be. You are fairly balanced Malgmac so why not do some research on capital intensity, I think you may find about $12 000 a tonne is fairly close a mean so 30 000 tonne pa plant is $360 million plus the other 3 circuits, gravity jig was $25 million...hope that helps and helps you realize the market cap is below cost at the moment.
 
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