Red Cloud Report

https://hotcopper.com.au/attachments/1dcn02j-20180405-pilbara-playbook-1-pdf.1050292/

Thanks to Grizzle1 on ARV forum.

Notewothy that the authors are or have done work for the Canadian companies they spruik the most, and visted DEG and a couple of others which get the thumbs up, presumably because they bothered to visit them.  The other companies probably got a 3 minute phone call and their writeup seems to be based on scant information.

Some new information about KAI; "the next round of work is pending native title agreement" which is news to everyone, and explains why KAI appears to have dropped the ball on exploring conglomerate if true.

Menion made that "there is no road access increasing exploration cost". Stating the obvious of course, but if work like trenching is planned we all knew they would need to make access.

@Black Cat you know the area generally, how difficult is it to make access? Whats needed, grader or dozer? Culverts? Or just bash a track in when its dry?

Interesting they came to the same conclusions about ARV that just about everyone else who has even just a few clues about mining companies has worked out.