midas to acquire pilbara iron ore tenements

The consideration for the purchase is 6 million Midas fully paid shares and
$75,000 in cash

Now that sounds like confidence to me. In stead of taking the cash and running they oped for shares in MDS. In for the long haul.
Close to rail and towns. So there is some chance of getting this one off the ground me thinks. I was in already so this just makes things a bit better for me.