"Following a drilling program over BBIG’s Hay Stack Flats tenements, BBIG has advised that these tenements are unlikely to have sufficient tonnage to justify a standalone development."
Great a knowledgement that PIOP (without directly mentioning it) is the core as others have stated. That’s about as positive as we can expect from these guys. Now, if as they say they are not into discussions with BBIG, they should add some pressure on BBIG by starting discussions with Mineral Resources on benification solutions and a supply chain solution. It appears to me that without FMS PIOP there will be no BBIG. Wouldn’t it be a welcome change to see FMS become a whole lot more proactive. At the same time FMS could be signing up an MOU with TNG for a JV at Canegrass. How hard can that be?
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