JG---i have asked Altona this specific question about Xstrata holding the project up----1/the answer was no,can only be slow with a payment---as they have to pay 51%of ALL costs and 2/Altona WILL have enough cash from the excercise price of the option----and you are also right in suggesting--"I doubt that given their need to feed the mill"So---if the option gets excercised and if the ore will be shipped direct to Ernest Henry mill---only an access road needs to be built and some on site accomadation----so it will be full steam ahead---IMO
AOH Price at posting:
25.0¢ Sentiment: Hold Disclosure: Held