BCK 0.00% 2.4¢ brockman mining limited

Ann: Joint venture to propel Marillana into early production, page-4

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    Last November https://www.copyright link/business...fits-in-pilbara-iron-ore-deal-20171119-gzoqan reports BBI group entered a ‘term sheet ‘ with Brockman
    Under the deal, BBIG will initially fund a definitive feasibility study that will examine whether Marillana can pump out more than its slated 20 million tonne a year capacity and can be viably linked to the main Balla Balla rail via a 180km spur line.

    If those studies stack up, and BBIG can present a satisfactory financing proposal, the parties will make a final investment decision on their equity commitments to the project. The agreement between Brockman and BBIG does not include a rail access agreement but Mr Tee said he was confident that would follow if the studies support it.

    BBIG has three years to undertake the study and then two years to make an investment decision. Mr Curtis said the company hoped to act faster, especially considering it plans to decide whether to give Balla Balla the green light before the end of 2018.”


    Did this just fall off the perch I wonder ?
 
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