considering mak's stature i think they are much better off...

considering mak's stature i think they are much better off prioritising the sandpiper project.

reasoning, a) capex is much lower, b) opex is much lower, c) timeline is more attractive. no brainer.

perhaps have a crack at advancing wonorah once they have runs on the board, are cash generative and can negotiate better terms. at present nmdc are considering getting into bed with a company whose major achievement to date is stumbling upon a semi-economic phosphate deposit. can't imagine terms will be great.

disc. i hold but have about as much respect for management as they have for their shareholders.