I remember somthing about Vale only having rights to the iron ore only and all other minerals being AVBs and any offtake agreement would involve cash and a percentage drip fed to us simmilar to what gina rinehearts old man use to get 1$ per ore car
and I believe the drilling ahead of plan done by VALE has been a great sign of intent and now they will be stumping up the money because of a small change that has happened to avb lately that is xstrata having a foot in the door big companys dont like blocking moves by others look at james packer moving on echo casino management and then the bloke from singapore also a casino operator buys up he knows the blood is in the water james packer is going to pay up. Xstrata farm out the drilling of a great prospect to use we do all the work they get someone on the board Vale stumps up the cash the mine goes ahead win win for xstrata the money will come its just a matter of time
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I remember somthing about Vale only having rights to the iron...
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