Or we can build the mine ourselves, have a CR say 10m shares @ $20 = $200m cash, and another 10m shares @ $50 = $500m cash, which takes us to around 90m SOI. Plus some debts, that should take us over the line to build the mine, because don’t forget, the cost will not be as high as you might think due to the very high grade niobium ore and shallow nature of it.
After say 2 years of payback, we will be living on dividends.
Look, WA1 appointed Mr Gustavo Macedo as marketing adviser for a reason and one reason only. They want to sell the products themselves and not mucking around.
Ann: West Arunta Project - Luni Assay Results, page-162
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