AGU aurium resources limited
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GBG has signed a $65b off take agreement with Ansteel for their...

  1. red-frog
    2,689 Posts.
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    30/03/10
    22:18
    Post #: 6517171
    GBG has signed a $65b off take agreement with Ansteel for their magnetite fe.

    And the Oakajee partners (MMX and Mitsubishi Metals) have delivered their draft BFS to the Government with an upgraded capacity of 45mtpa and another 45mtpa expansion capacity. Plus the 546km rail line from Jack Hills to the port with rail spurs for foundation customers to connect to.

    Things are moving along nicely, though not sure what direct benefit AGU/PDY will get. Prove up a dso resource asap and then take it from there I guess.
    AGU Price at posting: 2.9¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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