are you guys watching this , page-5

certainly heading in the right direction

Dont think the market recognises the significant potential of this project yet.

Targeting 500m t - 1b t of iron sands
Ore is DSO grade
Local expertise

The means of processing the sands is very simple and cheap. Dredging and seperation (cyclonic then magnetic).
Requires some drilling to reach JORC status but VEC well funded to do so.

Close to infrastructure, low sovereign risk.
Staged vend tied to Co milestones inc production.

Margin on production would be at least $10 per tonne imo which makes this a very valuable project indeed.

$1 here we come