Ann: Riley Iron Ore Mine Update, page-141

Points taken. I still contend that recent years global lockdowns, trade strangulations, war and sanctions, with the subsequent big rises in inflation impacting on mining costs has had overpowering negative effects on esp VMS as we were readying to cash in on IO prices.
Where should we lay the real blame for frustrating our chances of quick income? The wet screening CR and delay did cost us some $millions, but that would have been a short window of gains. Now of course, Boron has interceded. However, will this bring long term benefits? Time will tell. I personally support this initiative, but have to suffer current delays with PFS.

Interesting to study recent news from the Australian Strategic Policy Institute, ASPI. (See the recent Darwin conference). Esp re REE value adding work within Australia to become more independent of China. At least Japan is with us on this score. LYC at the forefront with ARU close behind with increasing Aust govt backing and interest.

Message is....that times are a changing. This aught to stimulate Tas to support the likes of VMS and Mt Lindsay. We can only hope intelligence and application by the right people can improve our lot.