Now it is becoming clearer how the $85m is to be spent.
If you look at the quantum of funds to be raised, $3.3 yards of dollars, if you apply, say, a 1% spotters fees for the german mob, quite a healthy fee I would say in anybodies language.
I cant say i have a feel for spotters fees post GFC, but does anyone out there have a current feel for prices for this sort of thing....
Ann: Open Briefing on Mbalam Iron Ore Project , page-5
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