Ann: Sundance Agreement Termination, page-39

ANS were absolutely entitled to go for Africa, and put the necessary Port/Rail consortium together.

Why not go for the 'Mother Lode' when not much has been happening to progress Oakajee?

It was opportunistic, whether it was truly achievable...I grant you that...it appears to not be the case, given two years to come up with the funds and nothing. WAPRC backed deep into the 2 year halt, (if they were even real) and Ding pivoted to Midwest. Was that the last resort or the only resort?

I believe other large investors were interested, but that never eventuated. So much chatter.

Record Irom Ore prices help right now, but where's the cycle in 3 years when the rail is built and the IO is scraped off the surface?