There is the magical word snuck into this one.... Paul said:...

There is the magical word snuck into this one....

Paul said: “Over USD 35 million has been spent on Block 103, and all the studies and modelling done to
date suggest that we could be looking at a world class iron ore asset with a clear pathway to production. I am very
excited by the opportunity to develop one of the most competitive magnetite iron ore resources in the word; at a
time when the steel industry desperately needs a large and low-cost supply of magnetite concentrates and pellets
to reduce its carbon footprint “

Could is a great non-committal word and in this context, we could be looking at world class iron ore asset but more than likely we are looking at worthless pile of dirt that has been offloaded by serious player after wasting 35 Million on it.

Stay tuned for another disappointing deal for shareholders of anything Tony Sage is involved in.