re: bidding up now....why???? They only have to keep drilling , practically the whole Island is one big lump of high grade Iron Ore , there are also adjacent Islands (a stones throw) which are also so pure they used to be used by old time sailors for ballast in their ships.
With the chinese recent move on Fortesque and the relative cost and long lead time in that, albeit of course on a much grander scale, AZR and Koolan itself with significant chinese interests could perhaps be reflecting on this.
No one is getting mine for a while yet anyway!
cheer$
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