I never once said it WAS a major project of SA. I have never said that ever. Please re-read my comment where I actually said
This is why it’s no doubt (IMO) Going to become a SA Major Project”
The DFS is now out of date, as per all recent announcements they are moving to the 20mtpa option for the BFS, given the demand. Over the last few weeks it’s been both options on the table, but todays announcement has confirmed 20mtpa will be the BFS.
As I mentioned in my post - HIO will not fund the capex for the slurry pipeline, it will be a 3rd party - and I’m sure the “rent” over X years will well and truly cover the capex build and ongoing maintenance - actually I have no doubt.
Good projects, get financed - and I’ve spoken to a number of people in the financing game that tell me that banks are falling over themselves to finance projects showing massive ESG credentials, as will be the case with HIO and MGT!
Time will tell
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