Mate i seriously hope you are right , but do they not require more detailed studies first for the Pig Iron before they can receive funding ?? they would need a detailed DFS at least , Molong require a BFS before they will release the rights , a BFS would cost well north of 5 mil and take a year to complete .
I think its highly unlikely we see any funding for Pig for at least 1-2 years as i cant see financiers handing over 400 odd million when we dont even have detailed studies . unless the Saudis are going to just write them a blank cheque .
I really wish u are right though but im not hopefull .
Ann: Trading Halt, page-34
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