Exactly Semi a Ring fenced project....Fully funded as per the parrell/ development strategy ready to go at the press of the button.
Differing to other projects requiring sequential funding Walkabout Resource have achieved along the way among extras for RAP to be included.Development phase could be as short as seven months to production.Current off take partners wanting all 100% of out put...Will they get their 40,000 tons each x 3...?
Last days before institutions can take a position with certainty and quick development time.The IRR report giving a value at 62 cents mid point with out Ireland included from a VMS target now being defined for drill target.Freindly take over target contiguous to Lonmin's at $565 million.
