yeah hio just above 40c now, unbelievable they are close to 300 million market cap now ( 3 times the value of mgt!) with one tenth our resource. I also doubt they will produce before us as they keep changing their plans, now shooting for 20M tonnes per annum. I heard they will be building a 400km pipe to pump iron ore slurry through? That sounds expensive and could potentially block considering the volume they will be pushing through it as well as the high amount of water required.
The market don’t make sense at times??
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