Ok plenty of talk - whether WSA is suited and if the timeframes match our suspicious change in Strategy to have LJ up and running by December to coincide with WSA's decisions
I have done further digging because it’s all speculation at this stage, on whether or not WSA have made hints along the way? , the evidence is compelling
Just like the BHP offtake deal, it took time to finalise because of ore blend suitability @Leinster, the process for Ore suitability at LJ may already be in progress, and Since it was only closed a couple of years or so ago - the "turnkey operation' would be well known and WSA would have enough info on the ore suitability
1.5 mil capacity - even if we fill half of that to generate a fee, I see as a great opportunity to top up our current revenue stream - going max capacity would be great - but I’m just speculating like all
Read below - a lot of WSA have said already pointed to the fact they are working with a junior with 'potential' who at this stage has anything to offfer as ANT would say 'scrath their back' but POS?
ALL IMO!!!!
4/08/2014
“The Company has already fielded expressions of interest from new market participants, however we
also expect to see strong competition from nickel smelters, global commodity traders, other nickel
producers and stainless steel companies looking to secure future supplies
Quarterly report
In this regard, the Company can advise that it is now forecasting to complete the Jinchuan offtake contract
earlier than previously anticipated. At this juncture, and based on forward production estimates, the
Company expects to complete the Jinchuan contract in December 2014, rather than February 2015.
Accordingly, should the Company decide to go to tender for approximately 13,000 tonnes of nickel in
concentrate per annum, this now anticipated to commence early in the September quarter this year.
Western Areas has already received numerous expressions of interests for this contract and reserves the
right to reach an agreement early and not go to tender if the Company believes it’s advantageous to do so.
http://www.smh.com.au/business/nick...-it-develop-new-projects-20140825-1084id.html
25/08/2014
Western Areas has received expressions of interest for the supply contract from 25 bidders, and said on Monday it wanted a partner that could prove its financial strength and viability.
We've got projects we want to develop," he said. "We want to look at whether potentially some of the off-take guys have got ambitions similarly aligned to Western Areas in terms of wanting to look at some growth projects or to participate in some of the projects we have available.
"We are looking for some juniors with great potential," he said. "The market is allowing us to do that at the moment because they can't get any money from the market, so we have a few of these in the hand at the moment."
(20min delay)