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Ann: Quarterly Activities Report - March 2022, page-52

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    Hi, thanks for posting. I had a look at that other business you mentioned - despite me being quite excitable about some quite risky projects, this one is a tough call and much less likely to succeed than Toliara.

    Knowing what I do about Madagascar, iron ore mining, and the global iron ore market, it is my opinion that there is currently zero chance of getting Fe from Bekisopa to the coast of Madagascar in the next 10 years. Hopefully, there's some synergy in both being in Madagascar to help the chances of success for each other but 250km to the coast (500km by road) is a massive challenge even for 2Mtpa (6000 tonne per day).
 
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