Only chance is coming from Asia - think the bigger players have...

Only chance is coming from Asia - think the bigger players have enough resource to cope with at the moment, given the capital outlay required initially.

It takes a lot more to have a workable mine then only having some dirt that tests OK in the laboratory on your tenements.

Better iron plays out there at the moment. If I were a long termer I'd become a short termer fairly quickly and increase your capital elsewhere. Return to GBG when the time is right, if that time ever comes around.