What is plan B?
Plan A seems to be keep drilling until the cash runs out.
Surely by now the penny should have dropped - the market's apparent unanimous view is that $1.6 billion plus to build a mine is a non starter.
They should start digging while they have some brass left - if prices remain rs then stockpile the ore - sooner or later the markets will turn.
I would be most surprised if Chinese buyers have not already put their hand up to take the ore straight out of the ground.
What is plan B?Plan A seems to be keep drilling until the cash...
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