Comments below on G&M story posted on NOT board, post here for info.
Surprise, surprise! Frank has been busy.
I would say, if he could line up his backer (say, Glencore) he could include an on-site gas-powered furnace to process the chromite right in the RoF, or nearby where local people would welcome a "new-and-improved" town with open-arms. Processing chromite on site would reduce the volume of the stuff to be transported out of the RoF, hence putting less pressure on a heavy-duty transportation plan.
That would please the government. Premier Wynne would open her $1B purse (of course, with the help of the Feds), and Minister Gravelle would come calling to sort out the transportation corridor which includes a natural gas pipeline? Initially, KWG can truck in the LNG (or fly in 30-tonne loads using C-130s). Anyone knows how long would a 30-tonne load of LNG last for Frank's gas-powered furnace?
Dare to dream.
goldhunter
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StrategicM
It's getting more interesting. At least, KWG can get rid of the ~14% CLF holding and the 70% BD deposit (KWG already has the other 30%). BT can be thrown in as part of the deal.
>>>Edgy: The CLF exploration camp is more valuable to NOT than KWG due to its proximity and perhaps for the initial period if/when NOT decides to start building the Ni mine.
If KWG is in the position (i.e., eventual buyer of CLF's property) to develop BD (BC, and or BT) then it would need/prefer to build a new mining camp as part of the entire mining complex. IMO, Frank would develop BD and BC first.
To save money KWG and NOT may team up to build a new air strip and accomodation facility for the worker on the bank of the Muketei River as originally planned by CLF.
Surprising to see Bill Boor is still kicking around at the new CLF. Thought that he has been shown the door.
goldhunter
