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hi, sorry about that post. One attachment ending up in the...

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    • hi, sorry about that post. One attachment ending up in the middle of the post and the other flying off into the Etha!


    II'll repost the missingbattachment.


    CCheck the Hartman and Co report of February 2015. Gives a fascinating breakdown of the costs and benefits of the propsed magnetite consentrate sale stage 1. 


    Abishai, my take on the comments re moduler construction taking place in the likes of Aisia but dependant on financiers requirements, is they now want everything constructed in Europe.  For SMS to give the extensive guarantees under their EPC proposal SMS  will need to oversee it if not construct all components themselves. If correct then it maybe that the terms off any finance are being agreed and the construction timeline could be reduced significantly and from a finance point of view all most completely de risked.






 
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