"Tawana is advancing discussions with in-country iron ore producers and developers on potential co-sharing infrastructure arrangements for a common-user port and infrastructure corridor."
Smart, strategic move aimed at reducing an already modest initial cap ex - obviating the need for large debt funding.
Going one step further, I wouldn't be surprised to learn that the company was seriously considering (down the track) selling a portion of their initial ore to established producers such as WISCO (China Union) or Vedanta Resources.
Makes sense all round. We help China Union reach their 10 million tonne target, we help Vedanta Resources (who are keen on finding better quality ore, given their current magnetite resource) and we trade off cap ex for op ex and bring forward first sales to market (establishing faster initial cash flow).
