There are only two companies in the world with the resources to turn AB into a mine. And that is Rio and BHP:
* The cost to drill this out to define a mineable reserve will be profound. $100mil and up. Easily.
* Then, to develop (sink shafts, build above ground infrastructure, cooling plants, etc), I recon you won't get much change for $10bil.
KML is an ill-conceived idea. Designed to fleece Canadians from their money. Evidently, Canadians are not as stupid as MCT thought. And, neither are Australians.
Unless Rio or BHP shows an interest in this, the zinc will remain in the ground.
Crickets ...., page-26
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