Ann: Thunderbird BFS Update, page-28

Article in today's Mining News (I only get the headlines)

"Sheffield's Thunderbird could be a goer if capex reduced..."

"MORE than two years after Sheffield Resources completed the bankable feasibility study for its Thunderbird mineral sands project in Western Australia, the company has kicked off an updated assessment that’ll be looking to reduce start-up capital at the previously costed A$463 million development."

Little doubt by the looks that sale process is dead and project is back to the drawing boards. Bruce doing the media rounds, probably find the share price rises as all those who sold the rumour can buy the fact lol. I'm going back to read all my initial posts stating that the project was too high in capex to attract a buyer, and see again how/why I changed my mind. Never answer a salesman waiving you into a car yard to look at a car you don't like with a sticker price that's too much...