Sorry for annoying everyone, but I am a little pissed off at this news. Reason being, and this is my take on it, is that Pangang seems more interested in having their slag processed then wanting to develop the Magpie deposit.

As quoted in the news release " Also, worth mentioning that probably millions of tonnes of slags have piled up over the years, indicating the availability of an enormous volume of waste feedstock at virtually no costs."

So why would Pangang spend hundreds of millions of dollars to either help develop or develop Magpie when they can pay very little to have their "scraps" processed for "virtually no cost"?

Looks like Mr. Smith and company are going to have to try and find someone else to poney up some $$ for the Magpie deposit.

Ok I'm done. Thanks for putting up with me.

Cheers,

Anthony.