This is from Rutila announcement to ASX on 13th May
In addition to developing the BBI Project, the Company continues to work with its Alliance Partner Flinders Mines Limited (“Flinders”) (ASX:FMS) in assisting them with the ongoing development of their Pilbara Iron Ore Project (“PIOP”) including working towards the finalisation of its Bankable Feasibility Study (“BFS”). The BBJV is confident that the economics of an integrated 25 million tonne per annum PIOP Mine, BBI Rail and Port Project remain sound, even in the current iron ore pricing environment.
FMS Price at posting:
1.7¢ Sentiment: Hold Disclosure: Held
