Australia has a terrible track record of downstream processing. Does anyone remember the folly of HBI? Hot briquetted iron for those who don’t know. That chimney in port hedland still standing like a monument to a bunch of grandiose f wits who thought they new better. Tianqui is more of the same. If IGO are to get fair dinkum they will offload Tianqui,Cosmos and Forrestania and get back to basics. Their exploration expenditure has come up with nothing too. If I were Vella I’d have the machete out
Ann: 1H24 Results Presentation, page-11
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