Its hong kong owned so different from China owned. It makes me more confidant with Mineral resources in it. They are here to make money.
At 25 tonnes per year production that equates to 25Mtpa x $200/t x 0.5 (profit) x 0.5 (50% share) = $1.25billion gross profit per year. Is that right that's going to be a big dividend?
Also brockman is the fourth biggest haematite resource outside the big 3. This stock has legs to go .
Ann: Farm-In & JV Agreement and Cooperation on Ophthalmia Project, page-23
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