Borano (aka "Valinvestor", aka "Valin") whatever your alias is, you seem to be omitting pertinent facts.
The reason for the dimise of the Agbaja project was not because of the phospherous content. This was manageable and if you recall then you would have remembered that they did produce iron samples and were on good way forward. It was a matter of refining the process to get the most optimised cost for the plant. However, if it were not for various nefarious events and the greed of the "Sportsstars" (249ders), who as a result of their narcissitic action attributed to the rapid decline of the KFE share price and then, the ousting of Martin Wood (aka "UKWoody"), the project may have taken another path. As MW stated in his post of 26/6/2022, he had Reliance Rail in discussion and were readied up to provide the capital. Who knows where we would have been today! Let's not forget that MW was the only Director during his tenure to increase the share price which Chiller perfectly illustrated in his post back in 2022.....
In addition, the talk concerning other players having explored the area and found SFA, can you please outline who those other players are? Do you know if BHP explored the area? If so, prove it! The fact is BHP wanted to sell Mt. Goldsworthy to Nimbus Mines back in 2013, who in-turn wanted to open up an underground hermatite mine but the transaction was halted since the old mine was contaminated with acid? They (BHP) were facing a 100 mill clean up bill, although Nimbus Mines thought it would cost way less (https://www.australianmining.com.au/bhp-mine-sale-halted-by-acid-contamination/). I wonder whether this attributed to the reason why they didn't want to pursue the project/area any further. If the old Mt.Goldsworthy mine hasn't been cleaned up yet (if anyone knows the status, please post), then one would expect that BHP would need to clean it up first before commencing any further ops in the area.
The way I see it, we now have a new board with skin in the game, and one that is committed to bringing returns to investors. They are progressing at a speed that is mind boggling and I do hope to all investors that have been waiting many years, end up geting their long overdue rewards. GLTA and bring on the drilling results.
As always, DYOR
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Borano (aka "Valinvestor", aka "Valin") whatever your alias is,...
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $35.79M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 0.9¢ | $26.95K | 2.983M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 10261891 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.9¢ | 61814 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
17 | 10261891 | 0.008 |
9 | 6015665 | 0.007 |
5 | 978581 | 0.006 |
2 | 2098008 | 0.005 |
1 | 800000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 61814 | 1 |
0.010 | 2895396 | 7 |
0.011 | 2661111 | 5 |
0.012 | 2982322 | 8 |
0.013 | 1440000 | 5 |
Last trade - 15.58pm 20/06/2025 (20 minute delay) ? |
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