Mr Gupta's Fe needs can be met by HAV, page-17

Oh the Irony:

-We had gold fever with Portia
-Then it got refocused to copper/gold
-Then it's all about copper/cobalt/gold. Fancy presentations about copper/cobalt being the main focus. Right commodity, right time. Kalkaroo deals, Wanbao, Muturoo cobalt is going to be huge, COB possibilities.
-During all this the Iron ore resources get a footnote in presentations with no emphasis or effort being put into developing them. No value put next to them.
-Now out of nowhere, because of Gupta, Iron ore has popped up as a real possibility. It might be the first deal.
-And when you look at the JORC values for Maldorky and Grants they are worth more than Kalkaroo. At $80/tonne (for high grade 65% Fe) they are worth $17 billion. An ISV of 2.5% is over $400mil. Obviously the projects are not as developed as Kalkaroo so carry more risk.
-Imagine that. Iron Ore being the cause of HAV sp moving up. I hope so.

Don't get me wrong, I believe that the copper/cobalt/gold story is a winner. I just never imagined that the iron ore side of HAV would be the first deal. Not complaining at all.

Just wish the market could join the dots!

Cheers
Justhavinago