M4M 2.86% 3.4¢ macro metals limited

Ann: Kogi completes Environmental and Social Impa, page-13

  1. 2,882 Posts.
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    re: Ann: Kogi completes Environmental and Soc... The majors in the Pilbara are about to announce large profits . The Chinese would still like to control more of their own supply and the Nigerian government is more than keen to see this project get up . Many of the other companies do have not have the infrastructure in place that KFE has .How many have a large steel mill laying idle just down the road .
    My point is yes there are many other companies out there but KFE has infrastructure in place which is a huge advantage and the flat ore body makes mining alot cheaper than many others.
    I agree we do need a cornerstone investor or a large mill to take up a supply contract and yes we are not going to see a large increase in the share price until something like that happens .
 
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