Its great news. Some BON holders seem a little upset. They just dont realise what they've bought into. Contrary to what is being said, Wonoroah/Arrawurra are very likely to peoduce within the year and profitably. BON has basically secured funding for the complete development. Think of this. MAK is now in a much better position to develop both maybe even tie the two in to one offtake agreement. It sjust not understood by some, the positive implications of this which will be to the benefit of both BON and MAK holders.
Now how can they get their hands on all of it? Maybe a development agreement with UCL for a majority interest. Options are plentiful for MAK.
And yes I can now officially claim a position in BON through my MAK holdings :-)
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