Whilst the $100m suggested here may be a good price I wonder what happens to the ore after it has been dug out of the ground. Is there a processing plant nearby to enrich this ore? If not will they have to build one? If so cost of project will jump considerably. No doubt all of this will be part of the initial analysis and presumably will have been taken into account given that OZL is actually at the bidding table. And given TB's apparent penchant for not doing anything without really thinking about it - it would seem like a good thing must be in the offing.
redgum
Add to My Watchlist
What is My Watchlist?