CRI 8.33% 1.3¢ critica limited

Ann: Venture takes major step towards Riley Iron Ore production, page-52

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  1. 3,958 Posts.
    lightbulb Created with Sketch. 97
    Hi Dom,
    are you saying your friend from Burnie Port stated that the bulk loading shed is available to store VMS ore between export shipments?
    If that is the case, that is one of the unresolved /unknowns out of the way - obviating double handling prior to shipment and a large cost saving

    Just remaining
    1 a contractor/ contractors to cart to Burnie
    2 extension of offtake agreement timeline
    3 securing finance to undertake
    4 commencing successful mining / compliance with EPA
    5 approvals to transport on the Murchison highway
    And they are on a winner, subject to Mr Market and prices, and the geopolitical climate / force majeure/ committment to take
    - to go.
    The six week timeline will be a juggling act of great skill and luck I believe.
 
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