''Mr Barnett said that as a result of the agreement OPR would spend $160million on further investigative studies, but that the project was dependant on a positive bankable feasibility study, due for completion by March 31, 2010.''
Where the HECK is OPR going to get 160 million from
80 million each from MMX / Mits !!!
Whats the govt providing !! Sweet nothing at the moment. Maybe some later.
Thats the end of a lot of our cash for just investigative studies !!
You better hope the world economy takes a massive lift up in the next year of WE are stuffed.
Most reports im hearing reading say a good 5 years before we start to pull out of this and we havent hit the bottom yet.
Sino is our only chance of a good return here. I have no doubt about that.
MMX Price at posting:
68.5¢ Sentiment: None Disclosure: Held
