As Javelin on board which has relationship with iron ore market. To comply with Ter diversified strategy and future massive cash flow in, on top of accelerating reducing debt, I would suggest Ter invest/join venture with Australian junior iron ore companies rather than African bauxite one considering national risk, infrastructure cost, corruption etc.
to name and suggest some free( don’t need to pay me 1million consulting fee)
MGT ( low capex required 500m usd, huge reserve(100 yr+ mine life), high quality 68%fe)
IRD (very advanced project, port built partner with marquarie group.
most importantly these companies will use green energy for mining so good image for Ter.
just my two cents opinion.
Ann: Becoming a substantial holder, page-5
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