RE:RE:RE:Rumours Flying you folks seen where BW project is?
150 km from nowhere
no usable road (loggging road is not sufficent)
no local workforce
no power line
so they need:
a 150 km road
a camp for 500 workers
a 150 km power line
NG is gonna run out of cash before that place is built up
and RR is burning through cash like firewood
only reason they stayed afloat last year
was selling off the Aus and Cali mines
the one in Mex is on winddown
NA is the only viable mine they have
SP is right, this Co is effed