Great to see another step forward. I believe the aim is to have...

Great to see another step forward. I believe the aim is to have DSO operations underway by the end of this calendar year, so they need to get their skates on.

Should have good newsflow from here.

A simple, but lucrative start-up operation ...

GRES will also provide capex estimates for the DSO plant and equipment and opex costs for the operational phase of the project. These updates will underpin revised financial analysis. If, as expected, a simple crushing and screening circuit can be used it will result in much lower capex and significantly cut the timeline to first production from the project. Importantly, this provides the project with an earlier opportunity to take advantage of the latest bank forecasts for ongoing bullish Iron Ore prices.

Jump-starting a very juicy wider project:

Any DSO operation would pre-empt the larger (wet) magnetite concentrate operation at Buena Vista and thereafter be integrated with this potential larger, and long-life, high grade concentrate operation.