Stephen it was an MOU for the coal and
and a seperate one for the iron ore.
Maybe a few $million for each to form a j/v.
The kaolin/alumina is seperate.
Still waiting for some news on the gypsum.
Thers's 31mt of it so far.
Still expect them to push the price up to get the options
in the money.
Wouldn't take much.
They would also want to issue shares to the chinese
in the j/v at a higher price.
Way undervalued imo.
chinese jv / first production, page-2
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