Great article and fully agree. There is definitely momentum with...

Great article and fully agree.

There is definitely momentum with Chinese players paying huge premiums for South American assets.

However, my view is that, Chinese will play the long game and block others from acquiring it.

Big question, would they do a takeover without a JORC measured resource? Probably not. If you look at iron ore space 10 years ago, they paid too much for assets and were ridiculed when the price came down.

However what they may do now, is get a blocking stake, say 20% which means no one else can acquire it.

With a market cap of $400M, they would currently be looking at paying a massive premium for this stake above 30 cents if not 50 cents.

Well done to shareholders here, Playing the long game with reward those who hold long term.