Gong.
The comments are based on the broader of what is happening out there!
Mbot makes or continues to harp on about $1.4 billion AUD dollars Construction cost. Honestly the last few project I have attended in the mining of minerals worldwide are far in excess of the sums he talks about. 1 Billion US $ doesn’t get you a big project in the world these days. 1 Billion $ doesn’t even buy a 500 megawatt coal burning power station these days. I don’t know what projects Mbot has been involved with in the last 10 years but the major majority I have attended run into multiple billions of dollars. Copper mines in Andes & copper & gold in Mongolia also coal & gold in Indonesia all cost billion dollars each with no spare change.
Where has he constructed mining projects except in his pyjamas.
The concept is that raw materials are required see it as you like security of supply will be paramount to companies that have invested heavily in Battery production and they will require raw materials. Do you see the spectrum here Sir.
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