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Member Info for Coldfeet


Member Since: Thu, 13th Nov 2008

Number of Share Chat Posts (all time): 1,548
Number of Share Chat Posts (last 30 days): 0

Last Posted: 16 Nov '14



16 Nov '14


Indeed.

Another step along the production path that leads to things like Environmental and Rights of Land Use permits.

Takes pressure off the exploration licence expiring in July 2015.

ATB
16 Nov '14


Apologies, I made that post late.

BAO have applied for the Mining Concession for the Massamba licence 1035L (prospecting licence), which has been reclassified to 7055C (exploitation licence).

The Mozambique Mining Cadastre Portal was updated on Thursday 13th.

Search for 7055 C (including the space) here :-

http://portals.flexicadastre.com/Mozambique/EN/

then click on the link in the Licences table.

Hopefully Mrs Bias will fast track this application through for us..:)

ATB
15 Nov '14


Grant pending.

New license code is 7055C.

ATB
6 Mar '14


Evening trouble1,

Same here.

Petmin like to think the NAIC JV they have with GRI will have the lowest pig iron opex, by some margin, and they are aiming for less than $280/t, presume that is after credits.

Makes BAO's projections almost unbelievable but the DFS should clear that up.

ATB
1 Jan '14


Evening sharesgonesouth,

Ben did suggest that BAO had looked at this licence to the south-east of Massamba Group but decided not to pursue an interest. The fact that a small coal producer like BHR have decided to invest in exploring a pig iron project themselves can only be based on the economic findings released by BAO so far.

Re. your second paragraph, any potential JV partner would certainly wait for the BFS before negotiating any involvement, the capex numbers are that big. I suspect that BAO already have a JV partner in mind, they just want to see the bankable figures before agreeing their next move.

As do the IFC.

And whoever are behind the AMED increasing stake.

ATB


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