RE: Steelmin Limited Loan4 Feb 2018 20:14
Helpful, yes its mothballed and could be several years away from any production but rest assured like all cycles the point that the resource at MtIda becomes profitable will happen again.
Does cash rich Jupiter wipe out that potential very costly now at this point of the cycle or when its worth �5m per annum and likely need �40m to take it out.
I would be stumping a few million ��� now to get it.
They have the cash so why not.