FRS 0.00% 4.0¢ forrestania resources limited

ferraus pilbara jigsaw nearing completion

  1. 667 Posts.
    Through the discovery of the 'Python' deposit last week combined with existing JORC resources now assuring the future of FerrAus, only a couple of important steps need to fall into place to complete the jigsaw remain.

    One of the larger pieces is access to practicable transportation infrastructure to get their ore to Port Headland. We already know that unless another significant deposit is found, building their own railhead to Jimblebar (or FMG) is the least likely outcome at this stage?

    Direct gate sales would have to be out of the question now you would imagine…

    However, now with Python on our books, I hypothesize through this deposit alone, would surely allow FRS to consider a conveyor arrangement as a serious transport option to Jimblebar?

    In addition and to further augment this type of investment ...as Robertson Range continues to build upon its core deposits, with the conveyor option in place, they could also link RR to DC to address this necessity also by conveyor?

    Yet, this all assumes FRS will succeed in inking an agreement to use BHPB rail access directly, or ... indirectly through WA Govt?

    Kooyong04
 
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