Good News & Bad News, page-895

When you talk about you pet project in DRC. You probably have not been around too long to understand their history. It took them 3 months a few years ago to get a drill out of S Africa to do some preliminary drilling then took them months and months last year to empty the pond because the pump was too small.
Now they are spruiking that they have a mine up and running in 24 months. Are you for real? Why don’t you talk over there about the elephant in the room, called transport. How do you get the equipment to site to even build a mine? You have no roads or mud roads, then you have 6 months rainy season that drops 2 mtr of rain. If you have a mine , say after 5 years, you have no power, no roads, barges and bridges that can’t handle the load , you need 48 trucks continuously on the road, foreign train and foreign port. But that is ok any breakages or delays management can then blame on third parties stopping them to get to port. Then they think they get 80% debt funding of $US 500m. look out of your window, quick quick. you see pigs fly.
The world will want WA spod. Every thing else is a dream of the happy clappers go back to them