selling an unmarketable parcel?, page-7

Look I agree that the place probably isn't all that risky to mine in, but I am just disillusioned with whats been happening, or not happening.

STB need a benefactor.
Realistically the mineral would be easy to extract, its practically sand and has stuff all MPA, however, STB just don't have the freight.

That is why I am dissapointed with a cap raising of stuff all.

An excavator, mining size, costs about $14,000,000.
A truck will cost just under half of that.
They will need several of both, and then there's the need to transport the product not to mention the refining process (benification).

The more I crunch a number in regards to those needs, the more I see that its a few hundred million dollars STB don't have and are not likely to get from a bank at the moment.

1 mtpa is a joke.
They should have been trying for, and projecting for, 5 mtpa.