meanwhile copper hits $10000 per tonne! :), page-9

Yeah maybe AVB are changing tack,but for now,I'm going by what Tony Polglase has been saying from Day 1....


And that is to start mining the HGZ asap to prove to the relevant authorities and larger mining companies that they can do it.
This will give them the necessary credibility and leverage to enable them to score one or more projects that are too small for the Majors in the Carajas.


IMO this Iron ore deal with Vale is a case of "if you scratch my back I'll scratch yours".....


AVB does move at a snail's pace and historically misses it's timelines though.


Cheers