Manassa
That 60k was a very brave bet , and you may lose most , or all of it .
But the odds favour you doing ok out of it.
Onslow is the other salt field that has promise , with a deep pocketed owner Mitsui , which has an Ag section.
If anything , I would have thought the infrastructure was better there than Carnarvon .
But any deal in this space will require Ruane giving up control. Neither he , nor Reward , will ever have the resources to pull off these sorts of developments by themselves.
Now , I know I irritate people with my incessant questioning , but I think there have been quite a few times I have been on the money with my opinions.
This company , and St Michael , need to get a move on.
It is pleasing that they have finally cut themselves loose from the lakes , but they cant take another decade to make deals on the technology.
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ManassaThat 60k was a very brave bet , and you may lose most ,...
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