Ann: Maiden Bauxite Resource on track for March, page-5

  1. 279 Posts.
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    Interesting projects, looking forward to the MRE and Scoping Study.
    I think it will take another year for the PFS, then a funding stage, I think 2027 for production is more realistic timeline if it does proceed.

    Corporate presentation
    "Aiming to complete feasibility studies, reserve estimates, and permitting in 2026"

    What is your price target based on? Is it production target or from the expected economic numbers from the studies?
    My main concern is the access to rail and what cost this will be provided for.

    Still a lot of unknowns in the project so would prefer to wait, but can see the potential.
    Also cautious to see how the current spending and future dilution might look as well.
 
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