it's all about the execution. I've seen many projects...

it's all about the execution. I've seen many projects fall flat on their face from exceeding the CAPEX and needing to raise and dilute holders at sub optimal prices.

executing a 2 billion dollar plan doesn't happen without hiccups. We haven't even started and already the project output is being doubled. Just think about how many changes and unexpected costs will occur along the way.

it always looks good on paper.

For example; What happens if we push ahead raising funds in a macro depression with a high yield market and iron ore price depressed to sub $90.

we must talk of good and bad. dilution at these prices will realise billions of shares on issue meaning the final project mcap of 10 billion May be shared amongst many billions of shares needed to get the project running.