It does sound very ambitious.
I think that it is an excellent step for the company as while it sounds ambitious it also sounds very significant.
Looks like a fairly stable political environment as well and I would imagine that the company would have a fairly good idea on what is there before stumping up the kind of money that they are looking at for the acquisition.
Price didn't do much today but I got a small amount more at 13c. When any geological info comes out things may heat up a bit more I suspect.
iron ore prospect acquisition on chinas backdo, page-7
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