Spot on Yamsemaj, Corrigan has an intimate understanding of...

Spot on Yamsemaj,

Corrigan has an intimate understanding of transportation logistics and particularly port facilities. He will lend expertise and have the connections when inevitably these matters must be discussed with our partners and WA government.

Another piece of the puzzle to ensure Mt. Bevan magnetite mining goes ahead is the need for cheap energy (gas) to process the ore before transportation as concentrate pellets. Both MinRes (Chris Ellison) and Hancock Resources (Gina Rinehart) are looking at the Perth Basin onshore gas province for supply of their Yilgarn projects. Hancock are seeking control of Warrego Energy and if successful we could well be another big step towards making the project feasible.

This is the big difference from the last ten years where we have had a fabulous resource with no real ability to exploit it. We now have rich, powerful and influential partners who will get problems solved and have high level cohesive plans to pull together what is shaping as a massive project.

Keep the faith,

Redtank.