Whose plant Fred? Ours or MinRes? Will make for an interesting FA between the 2 options....
'While Pilbara Minerals will undoubtedly still build its own processing infrastructure, a MinRes plant could be an attractive option for any of the nearby juniors — Altura, Dakota Minerals and others — that can build a mineable deposit but may struggle for capital to build their own plant.
MinRes is likely to build a new plant rather than try to re-purpose GAM’s existing tantalum processing facilities. The existence of a gas-fired power station, camp and other infrastructure gives it a major leg up on its regional rivals.'
Western Australian
AJM Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held
