Micky
Are you taking the mickey. Most of what you say is rubbish.
ARH's problem isn't finance, it is Palmer.
ROY do not have a project.
DMA do not have a project, and now have the wrong manager, and no infrastructure.
CITIC and PDY do not have the infrastructure.
How can you compare any of that lot with CAP?
FWL have less resource at this stage. And will never have anywhere near that of CAP.
FWL have a significant strip ratio. Many times the waste of CAP. They will be pushing a lot of shite!
They have banded iron formation, and will thus be more expensive to process.
You talk about CAP's capex and costs. They are very competitive. The thing about FWL, they do not show their capex, Op costs. They do not show location diagrams of ore, and ore to waste. Nothing about ports, mpi plants or crushing costs etc. Why not? What have they got to hide?
Why did the first Chinese partner go?
Ann: Drilling Programme Complete , page-19
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