Answer - No one!There are no foundation customers.No mines that...

Answer - No one!

There are no foundation customers.

No mines that could export through the port (GBG would be the only one that could, and that would be subject to them sorting our their plant issues and ramping up production in excess of what they can ship out of Geraldton port already)

No environmental approvals.

No contracts in place (how does anyone know the $6.4 billion is enough?) to build the port and rail.

No State Agreement, so no permanent way for the rail line has been set aside. And more importantly "NO PERMISSION FOR PDY OR ANYONE ELSE TO BUILD A PORT AT OAKAJEE WITHOUT THE STATE GOVERNMENT BEING IN AGREEMENT".

No BFS for PDY mine, presumably this is why the port and rail is being built?

No power station anywhere near the PDY mine. No gas pipeline close - would need a lateral off the Goldfield Gas Transmission line.

No metallurgical studies done on their magnetite ore to determine optimal blast patterns, crusher & grind circuit.
Strip ratio, studies on tailings disposal, nothing done.

Nothing.

And someone is going to throw a lazy $6.4 billion at a sub-100 million cap. company to build a complete new port and rail network?

Ahahahahahaaaaaa

Gimme some more laughing gas. Because a lot of shareholders are going to need something to take the pain away.

This port & rail proposal is NEVER going to happen. It's a fairytale. No chance in Hell of getting off the ground.