whats going on ?, page-202

Just a quick observation. If the heritage agreement and mining agreement are not complete then why sre they so bullish on an expected date and how do they intend to pay for the heritage agreements? I have worked at Weld Range next door and Sinosteel Midwest Corp had to develop a pretty beneficial agreement with the Traditional Land Owners including employing 10+ of the TLO to monitor ground disturbance. This is a very significant area and is right next to one of the oldest mines in the world (wilgi mia).

The other issue that complicates environmental approval is both the rare flora and rare fauna (spiders that only live on the south face of these iron ridges).


Not saying they are not advanced in approval but just pointing out the complexities of this unique area.

I found FEX through a person with good taste in shares. FWIW this company does seem very cheap.

DYOR