Let Todd look for other offers. No problems and I sincerely wish him well.
no impact on FMS, SH. Put PIOP in care and maintenance like we had Canegrass and it's I/O.
Re, how much would Todd offer?
No terribly interested, Todd has to get my attention with his offer. They were only paying fora fraction of the I/O in the Option agreement, and it was Shandong paying for it via royalties.
In retrospect. How do MOU work.
Does a Co. contact a steel mill, tell them they have S loads of high quality I/o, do they want some?
Yes.
Co. back to sleep after posting in quly MOV were signed?
Were approaches made for capital for rail?
Notice how Todd take over of RTA, same time look at custormer (Shandong) , look at rial/pot options, and a larger sauce of I/O (fms). Todds cap ex for mine, rail and port is about 2bn.
IMO. FMS seemed to have strung the proposal out, and question if they had any intention to develop the mine and go to market.
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