gate sales with rio would be ideal, page-2

FM,

I differ from many of our heavyweight posters about gate sales. To me it is an option of last resort (admitted it is nice to have an option of last resort which other juniors do not have). The majors may want our high grade, low impurity ore to mix with their lower grade stuff, but so do we, for the same reasons. Railway has already shown itself to have significant tonnage at 50-56%, our DSO is best used for our own blending, otherwise we get left with all the nqr ore.

Dso is the icing on the cake but there is more money in selling the whole cake and not just the icing.

Pagarsi