to me it's obvious - they could not get past stage 1 of the conditions precedent which was FIRB approval.
that to me, concludes that the Chinese were involved somewhere along the line, in disguise. Many FMS shareholders knew it, even if Todd and FMS never specifically put it on the record.
No FIRB approval, meant it was a dead duck.
Just another sad tale of FMS that cost Todd many millions and has cost SH even more millions in lost opportunity....
FMS could and should have been mining IO in 2016/17 at the latest, but criminally due to greed, no one has benefitted from the billions in revenue that should have already come into the coffers... it has been an absolute disgrace in every possible form.
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