Coal King,
I know as much as you but my suspicion is that all the London based stuff is leading to something.
KAH, RAB, CQS and Nigel Stalker with Niger U are all in the same city, in the same world of U speculation. I would not be surprised if Stalker is behind putting them all together.
The reason would be Rossing South I think. Rossing South and RIO's proximity. The fact that a deposit like that exists so close to an existing processing facility is exciting as all hell.
All the explorers who have done scoping studies, imagine that your capital costs (normally many hundreds of millions of dollars) were suddenly reduced to about a mill or so.
What would that do to your profitability?
michael hintze, page-3
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