"Remember the whole development budged is fully funded by CMR's Chinese partners who need to get Browns all the way to production for their 50% share.
I understand that Ausenco will do as they are told, but they have been told to spend several months at Intec's Burnie Demo Plant, interesting don't you think?
Regards"
This was posted by Deidre our expert on INL, CMR, metal prices, metallurgy, etc, etc(Excuse the typo's).
Fully funded by Chinese partners? Is that why one of the CMR directors has loaned CMR $24m @10%pa ( ASX release today).
Very interesting with the increasing OPEX costs such as sulphuric acid at record high levels and NT taking 18% of net profits.
If you follow INL, watch CMR as they are a potential income stream. We all know what happens to streams in drought conditions.
Deepdiver
zn and pb spot prices., page-16
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