There are offtake agreements to do that but its a bit early since the BOD wont let the company progress anything except in Toads direction. For now anyway. Another example of the new BOD screwing non-TIO shareholders. This BOD needs to be spilled right away.
FMG has had ground breaking finance with a Chinese Bank for building ships why cant FMS?
"The agreement is the biggest direct funding arrangement provided by a major Chinese financier for a non-Chinese company in Australia."
I hope OCJ have connections.
http://www.copyright link/business/...deal-with-china-for-ore-ships-20161114-gsompd
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Mkt cap ! $137.8M |
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