RE: New Power MOU3 Feb 2025 11:12
Kong- perhaps a little lost from the “chat” fallout from today’s RNS(hat tip to Shaun).
“At the beginning of the year, the bank-level researchable update and conceptual design of a large foreign iron mine were completed, which boosted the confidence of the owners and helped the project to advance. The FEED design of the beneficiation plant and pipeline will be carried out in 2025, and the supporting cold-colding ball technology will also be recognized by the owner, and the researchable design of the ball factory will also be completed by Perth.
“WILL BE CARRIED OUT IN 2025”(that’s the present year we are in)…
And so funding must be assured of($22m), whoever funds the FEED stage(which will be revealed at next weeks “meeting”), will in all likelihood be the long awaited strategic partner…all IMO
“Oh the clock strikes one minute to midnight”.
Gla.