Ann: Farm-In & JV Agreement and Cooperation on Ophthalmia Project, page-38

IO price in 5 years - could be $400/t. In 5 years would have dugged out a shit load of FE. Remaining ORE worth more. China needs 35 airports and like 2500 train stations and zillions of km of railway and more still - $$$ for mgt share price

Did anyone think Tesla could go to US$2800 per share now (after stock split) or a bnpl from $8 to $125.

Trucking - 25mtpa minimum aim for 40mtpa. Trunking going to cost a bomb! But why worried about trucking cost, profits will go up massive to as trucking more ore.

Port Access - Govt will want diversification and a fourth iron ore player bck. Plus we have 2nd richest man in WA Chris Ellison backing this to hilt.

Hong Kong is not China...yet. Like wrongly calling Aussies Brits cos they came as convicts.
HK independent still.

Worth a gamble - Oh yeah 2 billion tonnes of FE 65%. In at 3.5c and sold half to free carry with profit. This stock well under valued. BcK a screaming buy and a keeper for dividends.

dyor dont follow me. I lose often on stocks cos I cant talk darn profits. Lessons learnt.