lol maybe you should email the Chinese and let em know Vayama
Like I said the big play here is that the Chinese have been buying non-stop of late
Did you bother to read my join the dots?
"And why do they see so much value? Well in 2006 when the Iron ore price was about what it is now so well before the hype, MGX sold Extension Hill which had 250Mt's of Magnetite for $50m ACS are targetting between 300Mt's-500Mt's
If we use the MGX sales as comparative value then at the lower end Mt Gibson is worth $50m and at the high end $100M to ACS = 45c - 90c"
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