any reason, page-3

"Red Rock is already in partnership with Australian-listed Jupiter mines, in which it also holds an eight per cent stake. Mindax is another neighbour, and Red Rock holds eight per cent in that company too. Other local small-time operators include Iron Mountain Mining, Polaris Metals and Hawthorn Resources.

It’s not rocket science to work out the plan, but Mr Bell spells it out anyhow: “Our neighbours are too small. We are trying to act as a catalyst. If you get four or five of these companies together you’d also get Chinese interest.” It’s the old China story again, and no one can deny it’s worked pretty well in the past."