In order to finalise an offtake agreement that would inject some/ most/ all of the start up capital for the project, would we not need a measured resource rather than an infered resource (regardless of how many times it gets upgrades in size)
Maybe the next upgrade will be a measured JORC followed by native title/ environmental approval then off take and the results of the rail study could get thrown in there somewhere soon as well.
At the moment I have as much interest in BON as I do in the tassie tin. This take over will not boost market sentiment....maybe even the opposite.
I feel it is just clutter for the business however it is important for a couple of directors.
what news are we expecting next, page-11
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