We are all very frustrated, to say the least. Mt M now taken up by private group 'Heritage Minerals' who have been onsite for over 12 months drilling etc. Recent statement from them was for a 12 month payback on the project for plant and equip. Worst thing is its not a publically listed company so can't get in on the action.
One thing is for sure and that's Evan is well connected. He will vend into crb a deal he has in place or one that is lobbed at him.
We really need a killer project.
Ann: Cockatoo Iron NL Withdraws from Proposed Transaction, page-11
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