Mate, the survival of Murin-Murin is important but not vital to the health of the laterites.
Phelps Dodge may have announced (see possible story on Miningnews.net) that they may spend US$20m for a feasibility study on a laterite deposit in Madagascar grading 210mt at 1.1% Ni and 0.1%Co.
In comparison, Heron has got 210mt at 1.03% Ni and 0.08% Co and most importanlty at least 130mt @ 1.3% Ni and 0.11%Co and possibly as high as 180mt or maybe more.
All these information are in the last quarterly.
Heron's deposit is in a risk-free stable political country while Phelps is in a non risk-free politcally unstable country.
I wonder how Andrew Forest would get someone to dish out 1.2bio dollars for his thomas the tank engine railroad scheme after the mess he created at Anaconda.
