The rumour is, and I'll reaffirm that it's an unsubstantiated rumour, that VEC have a potential 1bn tonnes of Fe in their WA tenements, couple that with perhaps at least another half bn tonnes (possibly even 1bn) of ironsand ore in their recently acquired Colombian tenements then this could leave the likes of DMM in it's wake, not just match them.
we have lift off, page-6
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