Yep agreed good to see you did hang in there C30 Just need...

Yep agreed good to see you did hang in there C30
Just need slampoil back and it will be the old firm

Let me see if i have this right please correct me if i dont

Clives company ARH, has entered into a MOU with Clives company Mineralogy, where Clives company International Minerals has the right to mine 2 billion tonnes of his own ore.

Clive with his Mineralogy hat on has drummed up 1/2 a billon from the Scots

MCC Hong Kong has agreed to chip in 75% of the project cost as long as Clive sells it to the Chinese.

For doing this MCC will become the main construction contractor for a locked in price -- (think Sino Steel)

We have flexibility for other partners

We have a major trading house (i wonder who that could be starting with "R" Owned by someone whos name starts with C ) possibly chipping in for a further 600 mill for a slice of the pie

International Minerals is still stuffing round with the evaluation that should have been complete 8 months ago.


Upside -- this is a step in the right direction and possibly the most positive news to come out of this company for years
This also might prompt Hunan to wade into the action

Downside -- there isn't any -- G/L to all