HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

Free
Message: Re: FN's Quiet = Discussions Occuring?- events/ timeline
Pete Please excuse the iPhone lack of formatting. I would think (guess) that both BAO and RCF would only finance an amount (equally) and equal to the $ extent required to fund the 3P private/public ON/Fed/NOT owner consortium which builds the road and/or railroad. FN's would own 10%, but would be financed equally by the same 3P consortium. FN's would pay back the 10% ownership loan via profiits from mine(s); toll/cartage revenues etc/guaranteed labour peace/cooperation. I would think that some indication of NOT/BOA/RCF/government $ financing amounts would become known from the bankable economic feasibility study. I suspect that the financing $ amounts would be net of the CLF financing contribtions. Peter
Share
New Message
Please login to post a reply