itabirite - 9 to 13 billion tons , page-17

Hi Mstt - you are too kind! he he

I think that the tricky bit is that we have a jigsaw puzzle of pieces that need their ends joined.

- Noble interest
- infrastructure BOOT debt funding
- interests of regional players - sovereign
- interests of regional players - other prospective miners
- debt/equity re the mine itself
- offtake...who gets what and on what terms

It is no wonder that this has taken awhile to get going - but it has now.

Like a jigsaw puzzle, I suspect once a few pieces come together (infrastructure for example) the rest will fall into place. Once a "model" is there, then any other interested party MIGHT have something to bid against or work with.

So the SP is likely IMO to trade fairly flat, but the next bit of pivotal news might see the start of an upward trend - assuming further news will then unfold given the co-dependent nature of this deal.