re: Ann: Positive Pre-Feasibility Study for M... Hi Phillip_K Nice post.
As has been said on many posts its not a question of the resource, its a question of transport. It was so dissapointing to read that BHP will not transport iron ore for juniors. Maybe BRM can prevail on them, one hopes so. We ((I thought I had quit BRM but I found 40,000 shares I forgot) You are are right the PFS was in line with expectations, but not to have rail access was not and I think that is why the share price fell and will continue to languish until transportation is negotiated. So far it is still a sterile resource and the NPV without customers and transport is zero.
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Ann: Positive Pre-Feasibility Study for Marillana, page-22
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