A40 price action, page-749

Oh yeah and talk of wanting to see a 20 year resource, why would someone want to see a 20 year resource for a concentrate deal??

We don't need more capex we have already built the plant a deal would simply be we supply you with spod for 5 years we aren't running out within 5 years.

When I see non-chinese parties that want to see 20 years of resources, tells me pretty clearly they want to make sure their is enough spod to support a larger investment.

MIN downstream deal, KDR bought for downstream, A40 jiangte want to move to downstream, our next deal chances of it being big downstream deal?? I reckon almost certain.