re: Ann: FIRB Approval for Beyondie Iron Join...
45 cents from memory.
GG - I think the market is looking for commercialisation plans (particularly a timeline to production).
A feasability study presumably will be funded by the new JV vehicle. In the past terms like 'fast-tracked' have been used, so I'm hoping they're looking to have the project up and running as fast as they can. Detailed plans will be released over the coming months I suspect.
THe company has always been confident that this deal would go through so I imagine they've been using the best part of the year gone forward planning Beyondie AND their other base metals operations.
I am very happy for the boys. Many companies have tried and failed with projects like this so their efforts to date should be congratulated.
JT
EMG Price at posting:
38.2¢ Sentiment: Buy Disclosure: Held
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