I’m just pointing out its expensive building infrastructure in the Pilbara. I’ve done a little bit of research. VYS have said they are exploring numerous projects of various scale. Not sure how big each of these projects are but if any of them are very large projects, the cost is going to be significant.
If they are investigating multiple projects that end up going ahead then I would probably expect them to start small and work their way up. Let’s see.
Ann: Launch of Asset Management Company, page-19
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